Most victims were lured to phishing websites from comments posted by impersonator accounts on X.
Fake accounts on social media platform X were the leading cause for over 57,000 victims of crypto phishing scams in February.
In its latest crypto phishing report, Scam Sniffer stated that over $46.8 million was lost to crypto phishing scams last month, noting that: “Most victims were lured to phishing websites through phishing comments from impersonated Twitter accounts.”
Scam Sniffer found that Ethereum mainnet accounted for 78% of the total thefts, with ERC-20 tokens being the main assets stolen, accounting for 86% of all assets stolen.
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Source: https://cointelegraph.com/news/crypto-phishers-stole-47-million-february-fake-x-accounts