Fraud Alert for Listed Altcoin on Binance! 180 Million Tokens Sold, Price Dropped!

According to Lookonchain, the kirilm.eth address was attacked 13 hours ago and lost 180.25 million BEAM ($5.14 million).

While it was stated that the address was related to Convex Finance, the fraudster quickly converted the BEAMs he stole into Ethereum.

The attacker sold 180.25 million BEAM and converted it into 1,629 ETH. The attacker’s sale of BEAM caused the price to drop.

“kirilm.eth was hit by a phishing attack 13 hours ago and lost 180.25 million BEAM ($5.14 million).

The scammer quickly sold 180.25 million BEAM and converted it into 1,629 ETH ($4.6 million).

This sale caused the BEAM price to fall by approximately 7%.”

As it is known, phishing attacks generally occur when a person clicks on links containing traps.

BEAM, which has fallen by 7% in the last 24 hours, continues to be traded at $ 0.0288 at the time of writing.

kirilm.eth was phishing attacked and lost 180.25M $BEAM($5.14M) 13 hours ago.

The scammer quickly sold the 180.25M $BEAM for 1,629 $ETH($4.6M), which caused the price of $BEAM to drop by ~7%.https://t.co/x8epiNx4Qa pic.twitter.com/ytcfYib2Kg

— Lookonchain (@lookonchain) February 16, 2024

*This is not investment advice.