MicroStrategy lost $425,000 in a crypto phishing scam involving $134,000 wBAI, $122,000 CHEX, $45,000 wPOKT, and $329,000 in Ethereum-based tokens.

The incident at 12:43 am UTC led to skepticism as influencers questioned the improbable launch of an Ethereum token by MicroStrategy.

This highlights the importance of vigilance in the crypto space, urging caution against scams exploiting reputable brands.

The community emphasizes due diligence amid the evolving cryptocurrency landscape.

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