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International Business Times
International Business Times
Business
Marvie Basilan

Crypto Whale Previously Scammed For $638K Loses Nearly $7M To Permit Phishing Attack

Crypto CertiK Zachxbt
Representation of a digital assets hacker. (Credit: FotoArt-Treu/Pixabay)

KEY POINTS

  • Scam Sniffer detected the exploit Saturday, saying the whale signed a permit phishing signature
  • ZachXBT blasted the whale for carelessness, having been phished last year and again this year
  • Phishing related incidents accounted for $64 million in crypto losses during the first quarter: CertiK

A cryptocurrency whale – an individual or entity that holds millions worth of digital assets – who already lost some $638,000 to a phishing scam last year once again lost nearly $7 million following a permit signature phishing attack Saturday.

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