A security analyst uncovered $110 million in fraudulent transactions spanning just a dozen locations in a single day. This large-scale scam detection highlights the ongoing challenges in protecting digital assets across multiple platforms and regions. The incident underscores how quickly bad actors can coordinate fraud attempts at scale, and why robust monitoring systems remain critical for exchanges and wallet providers. Such breaches remind the community that vigilance in transaction verification and identity checks are essential safeguards in the crypto ecosystem.
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MoonMathMagic
· 12-27 09:54
Over 100 million lost in a day, this is why I don't dare to keep my coins on exchanges.
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ReverseTradingGuru
· 12-27 09:52
110 million dollars scammed in one day? Why is this on-chain monitoring still so ineffective?
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LiquidatedTwice
· 12-27 09:47
Over 100 million lost in a day, this is true "liquefaction" haha
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ConsensusDissenter
· 12-27 09:43
1.1 million dollars lost in a day, this is the current state of Web3.
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YieldChaser
· 12-27 09:35
110 million dollars scammed in one day? How outrageous is that risk control? I think it still depends on managing your own wallet.
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WhaleWatcher
· 12-27 09:31
11 billion USD lost in a day, it's really outrageous... Those guys at the exchange are probably going to shift the blame again.
A security analyst uncovered $110 million in fraudulent transactions spanning just a dozen locations in a single day. This large-scale scam detection highlights the ongoing challenges in protecting digital assets across multiple platforms and regions. The incident underscores how quickly bad actors can coordinate fraud attempts at scale, and why robust monitoring systems remain critical for exchanges and wallet providers. Such breaches remind the community that vigilance in transaction verification and identity checks are essential safeguards in the crypto ecosystem.