The co-founder of a crypto startup, Nest Pockets, Invoice Lou, has misplaced $125,000 to scammers whereas trying to say an airdrop.
Lou, whose startup is working to boost crypto pockets safety expressed shock that he might fall for a similar trick he was attempting to guard different folks from.
- “I’m devastated guys…I simply obtained scammed out of $125k of stEth whereas attempting to say the $LFG airdrop. And I’m a founding father of a pockets startup that’s attempting to enhance pockets safety,” Lou shared through a post on X
The way it occurred
Sharing how he fell into the scammer(s) entice, the Nest Pockets co-founder stated:
- “I can’t consider that is taking place, I’ve at all times been so cautious. I noticed an article information to the airdrop and adopted the hyperlink to signal a message. I didn’t even query it…That is the primary time I’ve been scammed. I at all times examine others however you by no means suppose it might occur to you…
- “It regarded like such a easy message. It’s at all times another person’s downside. Anybody who might help could be appreciated.
Different crypto customers scammed
Offering an replace after launching an investigation into the incident, Lou stated he found that the hacker had scammed a complete of 66 ETH, which implies on prime of his 52, one other 14 ETH (~$31k) of tokens had been stolen from others.
- “I’ve been investigating the scammer’s pockets with @HackersResidue and located some fairly fascinating proof. We appear to have made some connections to sure exchanges they like to make use of and a string of transfers courting again to over 6 years in the past. It doesn’t look like a 1 individual job,” he shared.
Crypto traders proceed to hackers
Final yr, a report by g bug bounty and safety providers platform for web3, Immunefi, revealed that cryptocurrency traders globally misplaced a complete of $3.9 billion to hackers and fraudsters in 2022.
A breakdown of the loss reveals that $3.7 billion was misplaced to hacks in 2022 throughout 134 particular incidents, whereas $174.9 was misplaced to fraud throughout 34 particular incidents.
A lot of the sum misplaced to fraud was misplaced by 4 particular initiatives: Ronin Community, BNB Chain, Wormhole, and FTX.
The loss was, nevertheless, a decline in comparison with what hackers and fraudsters stole from crypto traders in 2021, the report says.
The 2022 determine represents a 51.2% lower in comparison with 2021 when hackers and fraudsters stole $8.08 billion.
