Crypto Users Lose Far Less To Phishing As Losses Drop 83% – Details — TradingView News
Crypto phishing losses plunged in 2025, but experts warn the threat has only changed shape rather than disappeared. Reports show a sharp fall in money stolen by wallet-draining scams, even as attackers tested new tricks tied to recent protocol changes.
Scam Sniffer Data Shows Drop
According to Scam Sniffer’s 2025 analysis, wallet drainer phishing losses fell to about $83.85 million — an 83% decline from roughly $494 million in 2024.
The number of affected wallets dropped to around 106,000, a fall of about 68% year-on-year. These figures come from the security platform’s annual study and were picked up by major crypto outlets.
Attackers Shift, Not Stop
Only 11 incidents topped $1 million in 2025, down from 30 the prior year, signaling…
