Crypto investors lose $12 million to phishing thefts in August
ScamSniffer has disclosed a surge in the number of phishing scams and victims for August, marking a resurgence in phishing activity. The crypto anti-scam platform disclosed this in its August 2025 phishing report, noting a 72% increase in the amount lost compared to July.
According to the report, the amount lost to phishing scams in August was $12.17 million. This represents one of the highest this year and is a sign that the activity is seeing a resurgence. In the first half of the year, losses to phishing scams reached a monthly high of $10.25 million in January and dropped to their lowest level at $2.80 million in June.
With the losses reaching the highest level in 2025, the…
