In a recent incident that has sent shockwaves through the cryptocurrency community, a trader operating under the handle @yyctrader1 has fallen prey to an intricate phishing scheme, resulting in the loss of 22 Ethereum (ETH) from his digital wallet. This unfortunate incident unfolded on Tuesday, as @yyctrader1 was ensnared by cybercriminals posing as representatives of FriendMEX.
The deception began when @yyctrader1 was lured into a fraudulent interaction during a phone call with the perpetrators. Ingeniously, the scammers convinced him to click on a link, which led to the compromise of his Friend.tech wallet.
The cybercriminals, distinguishing themselves with one having an Asian accent and the other an American accent, initiated contact with the victim through shared common servers. Having successfully duped him into clicking the malicious link, they swiftly executed the transfer of his digital assets. The cumulative loss amounted to 22 ETH, which was valued at approximately $34,800 at the time of the incident.
In a disturbing twist, the scammers proceeded to arrange a follow-up call with @yyctrader1 after the transfer of the stolen funds. The misappropriated assets were redirected via Orbiter from Base to Ethereum, with a portion subsequently being deposited into the Binance cryptocurrency exchange.
The aftermath of this distressing incident saw @yyctrader1’s account balance obliterated, reducing it to zero, as PeckShieldAlert, a blockchain security company that specializes in monitoring and reporting such occurrences, has reported. Responding to this unfortunate turn of events, @yyctrader1 has reached out to Binance, seeking their assistance in tracing and potentially recovering the stolen digital assets.
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Cryptocurrency Trader Falls Victim to Elaborate Phishing Scheme, Suffers Loss of 22 ETH