$91M Stolen in Crypto Social Engineering Scam
Key Notes
- Crypto sleuth ZachXBT reported that a victim lost 783 Bitcoin in a social engineering scam.
- The bad actors have laundered the funds through a complex network of addresses.
- Crypto users are advised to treat every call or email as a default scam.
On August 19, a victim lost 783 Bitcoin (BTC) in a social engineering scam. At the time, the value of the funds comprised $91 million.
Popular crypto sleuth, ZachXBT, revealed the sophisticated scam on X, noting that the attackers posed as a crypto exchange and wallet support. Notably, this attack reflects the growing incidents of social engineering scams globally.
On Aug 19, 2025 a victim fell for a social engineering scam and lost 783 BTC ($91M) after…
