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According to BlockBeats, a user has reportedly lost $217,000 due to a phishing scam on a counterfeit Blast website. The incident was detected by Scam Sniffer on June 26. The user fell victim to multiple phishing signatures on the fraudulent site.

BlockBeats urges users to be vigilant as there has been a surge in the number of fake Blast phishing websites recently. Users are advised to be cautious of related scams. It is crucial to verify the authenticity of websites before engaging in any transactions or signing any digital documents to avoid falling prey to such scams.