June Crypto Phishing Scams Exceed $1 Million, CertiK Warns

• June was the fourth month with 10+ phishing scams where investors lost $1M.
• Phishing scams increased in June with major X accounts being hacked.
• A few hours ago, actress Sydney Sweeney’s X account was hacked as well.

Blockchain security firm CertiK reported a surge of phishing scams in June, with over 10 incidents resulting in investor losses exceeding $1 million.

This marks the fourth month this year with such a trend, highlighting the ongoing prevalence of phishing attacks in the crypto space. 

Social media platform X (formerly Twitter) remains a prime target for scammers, who often exploit high-profile accounts to promote fraudulent tokens and schemes. Hackers typically share phishing links containing malware after compromising celebrity accounts.

As previously reported by Coinedition, Cyber, a new Ethereum scaling solution, became the target of a phishing attack in June. The atta…

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