As the cryptocurrency market continues to see more adoption, there’s also been a surge in crypto phishing attacks taking place in the market. However, the industry has shown some developments during the month of February with the large amounts of thefts significantly under control.
Crypto Phishing Attacks Steal $47 Million
According to the latest phishing report by ScamSniffer for the month of February, approximately 57,000 individuals fell victim to crypto phishing scams, resulting in losses totaling around $47 million.
Compared to the previous month of January, the number of victims losing over $1 million decreased by a significant 75%.
[1/6] ScamSniffer’s February Phishing ReportIn February, about 57,000 victims lost approximately $47 million to crypto phishing scams.Compared to January, the number of victims who lost over $1 million decreased by 75%. pic.twitter.com/UgZk0K91lH
— Scam Sniffer | Web3 Anti-Scam (@realScamSniffer) March 10, 2024
The Ethereum mainnet accounted for
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