A recent cyberattack targeted a prominent figure in the cryptocurrency community, resulting in the loss of $71 million worth of Bitcoin (BTC). According to Look On-Chain, the individual fell victim to a phishing scam, losing 1,155 Wrapped Bitcoin (WBTC) tokens. The attack unfolded when the victim mistakenly copied the fraudster's wallet address, which closely resembled their intended recipient's address. This serves as a stark reminder for investors to exercise vigilance and verify each transaction to mitigate the risk of falling prey to similar attacks.

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