Someone Lost $6.5M Trying to Claim $2K of 'Free' Crypto
— Lost, Tokens, Worth, Uniswap, Free, Airdrops, Million, Ether, Wallet, Cryptocurrency — 1 min read
Airdrops are when tokens are rewarded to crypto traders for free. The scam centered on Uniswap, a decentralized crypto exchange where people trade altcoins like shiba inu and avalanche. A few traders took the bait, connecting their wallets to a dodgy website. Over $6.5 million was drained from one wallet, $3.96 million in bitcoin and ether from that wallet. The other wallet lost 834 ether ($903,000) and 39 bitcoin ($774,000). The scam was at first reported as a hack, before it was discovered to be a socially engineered scam. The lost crypto was worth $9,042 (8.5 ether), according to blockchain security researcher Harry Denley. Source