In a recent development tracked by PeckShieldAlert, a prominent cryptocurrency whale identified by the address “0x2154…9382” has managed to recover a significant portion of the funds lost in a phishing attack. The user initially lost approximately $6.91 million worth of $LQIDETHFIV1 tokens after falling victim to a phishing scheme involving a Permit signature just 24 hours ago.

#PeckShieldAlert #ReturnFund? A whale 0x2154…9382 who fell victim to phishing and lost ~1,807 $LQIDETHFIV1 (worth ~$6.9m) has received 1,415 $LQIDETHFIV1 from #Fake_Phishing328653 & sent 362 $ETH to #Fake_Phishing328653 pic.twitter.com/FBIzqVFbJN

— PeckShieldAlert (@PeckShieldAlert) May 27, 2024

Recovery and Ransom Transaction

The whale received 1,415 $LQIDETHFIV1 tokens from an address marked as “Fake_Phishing328653,” indicating a partial recovery of the stolen assets. In an unexpected twist, it was also reported that the victim sent 362 Ethereum (ETH) to the scammer’s address, suggesting a possible ransom payment to retrieve the stolen cryptocurrency.

🚨💔 24 minutes ago, a victim lost $6.91 million due to signing a Permit phishing signature. pic.twitter.com/gMTPgyOXqQ

— Scam Sniffer | Web3 Anti-Scam (@realScamSniffer) May 26, 2024

This incident underscores the ongoing risks within the digital asset environment, where phishing attacks threaten security and asset integrity. Investors must exercise caution and verify all transaction details to avoid similar scams.