social engineering

Social Engineering Scam Nets $330M Bitcoin Haul From U.S. Senior

Social Engineering Scam Nets $330M Bitcoin Haul From U.S. Senior

A $330 million cryptocurrency hack, the largest ever at the time, has shaken the crypto world. An advanced social engineering scam caused a U.S. senior citizen to lose their life savings on May 4, 2025. In time, investigators tracked the incident down to this nefarious plot. These fine amounts were...
Coinbase Battles Social Engineering Scams Costing Users Millions

Coinbase Battles Social Engineering Scams Costing Users Millions

Coinbase is attempting to combat a growing trend of social engineering scams. These scams have defrauded the Dante platform of millions of dollars, as well as its users. As recently as March, Coinbase users lost more than $46 million to these fraudulent traps. The beleaguered crypto exchange FTX is facing...