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Home Markets Cryptos

BTC scammer steals 1,400 BTCs worth $16 million

Olumide Adesina by Olumide Adesina
August 31, 2020
in Cryptos
Bitcoin robbers move 3503 BTC worth $38.5 million, Twitter cyber hackers gained $100,000 worth of cryptos, SEC warns against illegal cryptocurrency operator and its products, Crypto-Criminals on a rampage, capitalizing on COVID-19 Pandemic
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The recent bullish trend in the crypto industry has attracted bad actors whose motive primarily is to rob investors, crypto traders, and larger entities of their crypto-assets.

Just about an hour ago, Whale Alert, an advanced crypto tracker reported that a cyber scammer made away with a staggering amount of $16 million

“A payment of 1,400 #BTC (16,007,157 USD USD) was made to a confirmed malware scam!” Whale Alert tweeted.

READ: Bitcoin on the rise, as traders shift focus to $12,000 price level

? ? ? A payment of 1,400 #BTC (16,007,157 USD USD) was made to a Confirmed Malware scam!https://t.co/0APLFRVgdk

— Whale Alert (@whale_alert) August 31, 2020

 

Recall that a few months ago Nairametrics had earlier reported how thousands of Bitcoin investors have, over time, been defrauded of their hard-earned money around the world. The crypto fraudsters use both old and new tactics to defraud their targets in schemes based on BTC exchanged through online ledgers known as the blockchain.

READ: Unknown ETH Whale moves $35 million dollars worth of Ethereum

However, you should remember that the use of cold wallets or a proprietary smartphone is recommended. These are specifically designed tools to keep your bitcoin from falling into the hands of hackers on the internet.

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Tags: BitcoinCryptocurrencyCryptocurrency Newscyber scammerWhale alert

Comments 1

  1. Sanusi Nalado says:
    September 1, 2020 at 10:46 am

    Hi sign up with the best block chain to invest.
    Thank

    Reply

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