⚠️JUST IN: Memecoin trader “Frogman” lost $4M+ to a in-person social engineering scam

Frogman says all his cryptocurrency was drained while he was asleep, hours after leaving a trading event in Singapore.

He believes someone he met at the event was involved and says the attacker had access to his seed phrase.

@scammed / @DWCusers

⚠️JUST IN: 79th Vault loses $12M to a social engineering scam

An admin with access to the vault’s wallet was tricked into sharing its seed phrase with attackers over the phone.

Shortly after, the attackers drained the wallet, stealing the full $12M in cryptocurrency.

@scammed / @DWCusers

⚠️BREAKING: Ledger users are being drained, with $86M+ stolen so far

Hundreds of victims have lost all of their cryptocurrency holdings in an ongoing Ledger exploit, with total losses nearing $100M.

@scammed / @DWCusers

⚠️UPDATE: A third-party Ledger reseller shipped devices with imported seed phrases

CryptoBilis, which sold Ledger devices to customers in Asia, imported seed phrases before shipping the devices and kept copies that could later be used to access customers’ wallets.

Ledger has asked users who purchased devices from CryptoBilis within the last 90 days to move their funds to a new wallet

@scammed / @DWCusers

⚠️JUST IN: Another Ledger user has been drained of 80 BTC ($6.58M)

Ledger users are still being drained of their entire cryptocurrency holdings, even hours after the attack.

If you’re holding crypto on a Ledger and don’t want to risk being drained, move your funds to a secure wallet as soon as possible.

@scammed / @DWCusers

⚠️JUST IN: Another Ledger user has lost 1,600 ETH ($4M)

Just two hours ago, another Ledger user was drained of their entire cryptocurrency holdings.

Total losses are now $92M, with an additional $10M stolen in the last few hours.

@scammed / @DWCusers

⚠️JUST IN: Ledger reseller sold their company to malicious threat actors

The company was sold to unknown threat actors for an insane price, allowing them to steal $100M from Ledger users.

As part of the deal, the previous owner was not allowed to disclose the sale until October 19.

@scammed / @DWCusers

⚠️JUST IN: Trezor will cut ties with most resellers following Ledger exploit

From January 1, 2027, Trezor will work with only one or two trusted resellers. All other resellers will lose their authorization to sell Trezor devices.

@scammed / @DWCusers

⚠️JUST IN: A victim lost $1.67M to a month-long social engineering scam

Attackers contacted the victim while posing as their best friend, whose device had been compromised.

They spent a month gaining the victim’s trust before ratting the victim’s device with malware and stealing $1.6M+

@scammed / @DWCusers

⚠️JUST IN: Ledger will launch a new crypto wallet designed to prevent social engineering scams

The wallet will be an Android-based phone that shows users exactly where their crypto is being sent and requires them to physically verify their identity before approving transfers.

@scammed / @DWCusers

⚠️JUST IN: Crypto cold wallet NGRAVE has been exploited, with all users affected

All users are currently receiving phishing notifications claiming “your portfolio was synced” and directing them to malicious links that ask them to enter their seed phrase.

@scammed / @DWCusers

⚠️JUST IN: Threat actor behind $170K theft lost it all to an MEV bot

The bot front-ran the attacker and took the full $170K in stolen funds, and then instantly returned it to the victim.

@scammed / @DWCusers

⚠️JUST IN: Crypto Wallet "Qubic" exploited, with over $1.4M stolen from 1,400 victims

The crypto wallet had a bug that generated weak seed phrases, allowing an attacker to access over 1,400 wallets and steal $1M+.

All wallets created before October 18 are currently being drained due to their weak seed phrases.

@scammed / @DWCusers

⚠️JUST IN: A Bitget user lost $705K to a social engineering scam

The victim lost all of their crypto holdings after sharing their seed phrase with attackers impersonating support over the phone.

@scammed / @DWCusers

⚠️JUST IN: No-KYC exchange Eagleswap has frozen $80K

Mak, also known as @cool, has opened a dispute after Eagleswap froze $80K of a user’s funds, despite claiming it does not require KYC or freeze funds.

Eagleswap also updated its terms of service on October 19, after the swap, stating it would not be responsible if funds were frozen.

@scammed / @DWCusers

⚠️JUST IN: Crypto exchange CoinDXC has lost $16M to a social engineering scam

On October 21, a senior employee fell victim to a social engineering scam and shared the seed phrase to the exchange’s hot wallet with an attacker, who stole over $16M.

@scammed / @DWCusers

⚠️UPDATE: Per ZachXBT, the crypto exchange exit scammed all its users

The crypto exchange transferred all user funds to its own wallet and covered it up by claiming the funds were stolen, with the CEO keeping the entire $16M.

@scammed / @DWCusers