Altcoin Investor Hacked: Millions of Dollars of Profit Caused a Fall!

Cryptocurrency investor lost millions of dollars due to phishing scam.

According to data provided by the on-chain analysis platform Lookonchain, a cryptocurrency investor lost approximately $11 million due to a phishing attack.

The data revealed that the investor lost 3,657 Maker (MKR) worth $8.7 million and 2.56 million PT Ethena worth $2.4 million.

The cyber attacker sold 3,657 MKR worth $8.7 million, which he stole from the user, for 2,502 ETH, causing the MKR price to drop by 7%.

However, he disposed of all the assets he stole by converting 2.56 million PT Ethena into 689 ETH worth $2.41 million.

May be linked to CoinStats case

Recently, crypto portfolio tracking application CoinStats said that some iOS users received fraud notifications and that there was a security incident directly affecting wallets created in CoinStats.

While CoinStats stated that approximately 1,590 wallets were affected by this incident, investors were warned to withdraw their assets.

Stay tuned for new information #CryptoTradingGuide #Binance #btc #Bitcoin #web3