User Loses $553,000 in Two Separate Phishing Attacks

In Brief:

Victim lost $264,000 in the first attack, followed by another $280,000

Scam Sniffer monitored the wallet activity and flagged the incident

‍

A user has reportedly fallen victim to two consecutive phishing attacks, resulting in the loss of roughly $553,000 worth of crypto assets. According to Scam Sniffer, the first incident caused a $264,000 loss, followed shortly by a second breach totaling approximately $280,000.

While the identity of the attacker remains unknown, the wallet behavior indicates that the user may have interacted with malicious smart contracts or phishing sites commonly disguised as legitimate DeFi platforms or token claim portals.

These types of scams have increased in frequency, often exploiting signature requests or blind approvals from users who fail to verify the transaction origin.

Security teams continue to urge caution, especially when signing permissions or connecting wallets to new dApps.

‍