Latest Crypto Scam Claims $520K in LINK Tokens

TLDR

  • Cryptocurrency holder lost 22,415 LINK tokens ($525,196) in a cross-chain bridge scam occurring on January 4, 2025
  • Scammers specifically targeted DeFi users in Telegram groups with promises of fast bridging services
  • Data shows 332,000 crypto wallets were compromised in 2024, with total losses of $494 million to phishing scams
  • Attackers are expanding their methods, using platforms like Google Ads and Zoom to reach victims
  • Web3 security experts warn against rushing transactions and emphasize URL verification

A major cryptocurrency theft has been reported in the first week of 2025, with one user losing over half a million dollars worth of Chainlink tokens to scammers. The incident occurred on January 4, when the victim interacted with what…

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