tldr; Monero’s price surged after a $282 million Bitcoin and Litecoin theft, where scammers impersonated Trezor customer support to obtain a victim’s recovery seed. The stolen funds were laundered through instant exchanges like Thorchain and converted into Monero, a privacy-focused cryptocurrency. This activity caused Monero’s price to rise by over 36% in a week. The incident highlights a growing trend in crypto crimes involving social engineering and impersonation scams, with significant financial losses reported.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Jayrovers86 on
I wonder why 🤣
[deleted] on
[deleted]
Beneficial_Major9999 on
so i guess “moNerO is ThE fuTurE” wasn’t true after all, it was just some scammer doing some laundry
Appropriate-Talk-735 on
Easy short since they will sell it over time.
Squidsoda on
I wonder how long this would stay up if posted on Monero sub. Lol
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tldr; Monero’s price surged after a $282 million Bitcoin and Litecoin theft, where scammers impersonated Trezor customer support to obtain a victim’s recovery seed. The stolen funds were laundered through instant exchanges like Thorchain and converted into Monero, a privacy-focused cryptocurrency. This activity caused Monero’s price to rise by over 36% in a week. The incident highlights a growing trend in crypto crimes involving social engineering and impersonation scams, with significant financial losses reported.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
I wonder why 🤣
[deleted]
so i guess “moNerO is ThE fuTurE” wasn’t true after all, it was just some scammer doing some laundry
Easy short since they will sell it over time.
I wonder how long this would stay up if posted on Monero sub. Lol