Nest crypto wallet founder lost $125,000 due to fake LFG giveaway
Nest crypto wallet co-founder and CEO Bill Lu fell victim to a phishing attack while trying to participate in an airdrop. He ended up losing 52 stETH tokens worth $125,000.
The LFG (less fees and gas) token giveaway was announced yesterday to reward Ethereum users who have spent more than $4,269 in transaction fees since 2016 and encourage adoption of Solana.
So, scammers created a fake website imitating the official resource of the LFG token and began to steal user funds.
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