Over $9m lost in November phishing scams affecting 9.2k victims, data shows

Farhad Ali
2 min read1 day ago

November’s phishing scams led to a staggering $9.38 million in losses, impacting over 9,200 victims, with one individual losing $661,000 in stETH within minutes.

Phishing scams in November cost crypto users $9.38 million, according to ScamSniffer’s latest calculations, with more than 9,200 victims affected.
🧵 [1/7] 🚨 ScamSniffer November Phishing Report

$9,380,000 STOLEN
9,208 VICTIMS

November saw one victim lose $661K in stETH within minutes – and that's just the tip of the iceberg.

Let's dive into the dark side of Web3… 🧵 pic.twitter.com/HDyBGh5tPj
— Scam Sniffer | Web3 Anti-Scam (@realScamSniffer) December 3, 2024
In an X thread on Tuesday, Dec. 3, the blockchain analytics firm said the largest loss involved a single individual who saw $661,000 in stETH, a utility token representing a share of the total Ethereum (ETH) staked through the protocol, vanish within minutes.

The report highlights several notable incidents: a $409,000 loss in WBTC on the Arbitrum network, a $344,000 loss in FET on Ethereum’s Uniswap platform, and a $220,000 loss in USDT on Ethereum via direct transfer. The analysts attribute much of…

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Farhad Ali
Farhad Ali

Written by Farhad Ali

Crypto updates and insights on the latest trends and news in digital currencies.