Phishing Scam Targets Crypto Trader, Stealing Over $2.6 Million

Impersonation and Presale Scams

Another phishing scam has hit the crypto community, this time targeting a top crypto trader. An account impersonating @blknoiz06 replied to the trader’s posts on X, promoting a presale link that redirected users to a wallet drainer.

The scammer claimed to be launching a token called $BULL and asked users to send between 1 and 3 SOL to participate in the presale. Ironically, the scammer replied to one of the trader’s posts where he stated, “I don’t launch coins bros.”

The largest victim lost $1.2 million worth of SOL, and the total stolen amount has now reached almost $3 million.

Phishing in Troubled Waters

Phishing scams involving popular crypto figures have become increasingly common. Scammers create accounts impersonating these figures and try to trick users into sending them funds.

Recently, scammers have been taking advantage of the memecoin frenzy, where many projects have raised millions in presales.

Protect Yourself

To protect yourself from phishing scams:

  • Be wary of links you click on.
  • Verify the authenticity of any accounts you interact with.
  • Use strong security measures to safeguard your funds.