Crypto phishing scams took almost $300M from 324K victims in 2023: Report

Security platform Scam Sniffer says phishing sites are able to publish paid advertisements on Google and X, bypassing their guidelines.

Over 324,000 crypto users fell victim to phishing scams in 2023, with around $295 million in digital assets lost to wallet drainers.

In its “2023 Wallet Drainers Report,” blockchain security platform Scam Sniffer analyzed the trends surrounding drainers used in crypto phishing scams. The platform highlighted that there was continued growth in phishing activities throughout 2023. 

In addition, Scam Sniffer also reported that even when drainers close down, “phishing gangs” just take their business elsewhere, as there seems to be no lack of platforms providing services for scammers. 

Read more

Source: https://cointelegraph.com/news/crypto-phishing-scams-2023-300-million-dollars-324k-victims-report