Crypto Phishing Scams Stole $5.2 million in April

By: bitcoin ethereum news|2025/05/05 01:00:01
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Phishing scams in the crypto sector are becoming more advanced, with attackers stealing more than $5.2 million from unsuspecting users in April 2025. According to data from blockchain security firm Scam Sniffer, the losses mark a 17% drop from March’s $6.37 million. However, the number of victims surged by 26%, with 7,565 individuals falling prey to fraudulent schemes last month. Crypto Phishing Victims Rise Amid Evolving Attack Methods Scam Sniffer reported that the most damaging incident in April involved a phishing signature scheme, which led to a $1.4 million loss. In this case, the victim unknowingly approved several fraudulent requests, enabling the attacker to drain their wallet. These scams typically trick users into signing digital approvals that authorize token transfers without their knowledge. Another notable case involved an address spoofing technique known as address poisoning. An unsuspecting user lost $700,000 after sending funds to a fake wallet address that closely resembled one they had interacted with previously. Meanwhile, threat actors are evolving tactics beyond traditional phishing websites and are now social engineering their victims across messaging platforms. Yu Xian, founder of blockchain security firm SlowMist, warned that attackers now target users through Telegram. They use AI-generated voice messages and personalized chats to deceive victims. In one reported case, Xian noted that a compromised Telegram account was used to send voice clips that imitated a victim’s trusted contacts. The voice messages, likely produced with AI tools, were built from earlier voice logs to mimic tone and speech patterns. “Don’t trust just one source. When it involves money, always establish another reliable source for verification,” Xian stated. These developments mirror an earlier case in which an elderly US citizen lost 3,520 BTC, worth over $330 million, to a sophisticated social engineering scam. Blockchain investigators, including ZachXBT and Binance’s security team, have managed to freeze around $7 million linked to the theft. CertiK, another blockchain security provider, reported that the Bitcoin theft contributed significantly to the industry’s total losses in April. According to the firm, the emerging industry lost $364 million to hacks, scams, and exploits during the reporting period. Around $18.2 million of these stolen funds have since been recovered. These developments underscore the growing sophistication of crypto scams. They also highlight the urgent need for improved user education, wallet security, and anti-phishing tools within the industry. Disclaimer In adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content. Please note that our Terms and Conditions, Privacy Policy, and Disclaimers have been updated. Source: https://beincrypto.com/crypto-phishing-scams-stole-5-million-in-april/

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From a numbers standpoint, Real Madrid stayed composed under pressure, completing 526 passes with a 52.4% share of possession. Atlético struck first in the 33rd minute through Lookman. After the break, Real Madrid flipped the game: Vinícius converted a penalty to level, then Valverde fired them ahead. Molina pulled Atlético back on level terms, but Vinícius stepped up again in the 72nd minute to seal the win. Late drama followed as Valverde saw red, forcing Real Madrid to defend deep with ten men through the final stretch. Atlético's aggressive approach—12 fouls and 4 yellow cards—kept the pressure on, but they couldn’t stop the comeback.

WEEX Insights: As the official LALIGA partner in the Hong Kong and Taiwan regions, WEEX sees this win as a masterclass in control under pressure. Even after a red card and constant attacks, Real Madrid stayed sharp and executed with precision. That same discipline—staying calm in volatile moments and acting with clarity—reflects the core trading mindset WEEX stands for. LALIGA fan campaigns are coming soon—celebrate the game with WEEX.

About WEEX

Founded in 2018, WEEX has developed into a global crypto exchange with over 6.2 million users across more than 150 countries. The platform emphasizes security, liquidity, and usability, providing over 1,200 spot trading pairs and offering up to 400x leverage in crypto futures trading. In addition to the traditional spot and derivatives markets, WEEX is expanding rapidly in the AI era — delivering real-time AI news, empowering users with AI trading tools, and exploring innovative trade-to-earn models that make intelligent trading more accessible to everyone. Its 1,000 BTC Protection Fund further strengthens asset safety and transparency, while features such as copy trading and advanced trading tools allow users to follow professional traders and experience a more efficient, intelligent trading journey.

Follow WEEX on social media

X: @WEEX_Official 

Instagram: @WEEX Exchange

 Tiktok: @weex_global 

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Discord: WEEX Community 

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In the early hours of March 22 (Beijing Time), Barça edged Rayo Vallecano 1–0 at Camp Nou in a key Round 29 clash. The hard-earned win lifts Barça to 73 points, strengthening their hold on first place.

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WEEX Insights: As the Official LALIGA Partner in HK & TW, WEEX sees Barça’s 89% passing accuracy as a clear example of high execution with minimal error. Staying precise under pressure and finding the breakthrough reflects the same disciplined approach used in rational trading.

LALIGA interactive campaigns are coming soon—stay tuned with WEEX ⚽️

About WEEX

Founded in 2018, WEEX has developed into a global crypto exchange with over 6.2 million users across more than 150 countries. The platform emphasizes security, liquidity, and usability, providing over 1,200 spot trading pairs and offering up to 400x leverage in crypto futures trading. In addition to the traditional spot and derivatives markets, WEEX is expanding rapidly in the AI era — delivering real-time AI news, empowering users with AI trading tools, and exploring innovative trade-to-earn models that make intelligent trading more accessible to everyone. Its 1,000 BTC Protection Fund further strengthens asset safety and transparency, while features such as copy trading and advanced trading tools allow users to follow professional traders and experience a more efficient, intelligent trading journey.

Follow WEEX on social media

X: @WEEX_Official

 Instagram: @WEEX Exchange 

Tiktok: @weex_global 

Youtube: @WEEX_Official 

Discord: WEEX Community 

Telegram: WeexGlobalGroup

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