Crypto scams surged 137% in November. Why are hackers targeting whales?
The latest report from Scam Sniffer exposes a harsh reality as total losses from scam attacks in November reached $7,770,000, soaring by 137% compared to the previous month.
🔹 Alarmingly, although the number of victims dropped by 42% to just 6,344 people, the amount lost doubled, proving that hackers are shifting tactics from wide-net phishing to hunting big prey or scamming whales.
🔸 Data recorded the largest single loss at $1,220,000 through a familiar yet extremely effective signature authorization trick against compl