A crypto whale has lost $24.23 million in a major Ethereum phishing scam. The funds were stolen and moved to different locations, including the Fixed Float exchange. The victim, who had experience in the blockchain sector, fell victim to the scam despite providing liquidity on Uniswap V3. There is growing concern about the rise of crypto phishing scams, particularly on social media platforms like Twitter. These scams often involve verified paid bots masquerading as legitimate businesses. ZackXBT, an on-chain investigator, has also expressed concerns about the increasing number of phishing scams on social media.

AI Sentiment: Negative