An unknown Kraken user lost 18.2 million dollars due to a suspected social engineering scam.

The threat actor began bridging 45 minutes ago from Ethereum to Bitcoin via THORChain with a SafePal wallet.

A massive streaming swap of 878 ETH worth approximately 1.8 million dollars was executed on THORChain as part of the movement. The funds appear to be heading toward Bitcoin.

This incident highlights the ongoing risks of social engineering attacks in the crypto space even for users on major exchanges.

Stay safe and always verify requests before taking any action with your funds.

submitted by /u/Repulsive_Counter_79 [link] [comments]r/CryptoCurrencyRead More

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