A phishing attack on September 27 resulted in the theft of 12,083 Spark Wrapped Ethereum tokens (worth approximately $32 million), with most funds moving into one wallet holding $26 million. This wallet later split the stolen funds into four smaller wallets. The compromised wallet is believed to belong to Shixing Mao, a co-founder of F2Pool, though this isn't confirmed.
Crypto phishing scams have surged, with a 215% increase in August 2024 alone, leading to losses exceeding $66 million. The rise of phishing threats is also driven by the evolution of malicious tools like AngelX, which has targeted newer blockchains with hundreds of phishing DApps in a matter of days.
The report highlights growing concerns around sophisticated, targeted crypto cyberattacks.