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Loyalist/Lukas/Shibango Steals Over $4 Million Worth of Cryptocurrency and NFT Through Twitter Phishing Scams

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According to reports, Zach XBT, an online data analyst, said that since the beginning of 2022, Loyalist/Lukas/Shibango has stolen cryptocurrency and NFT worth …

Loyalist/Lukas/Shibango Steals Over $4 Million Worth of Cryptocurrency and NFT Through Twitter Phishing Scams

According to reports, Zach XBT, an online data analyst, said that since the beginning of 2022, Loyalist/Lukas/Shibango has stolen cryptocurrency and NFT worth more than $4 million by running phishing fraud on Twitter and cooperating with other known phishing fraudsters. Zach XBT said that 1741 NFTs were found stolen by Loyalist and 416 independent victims were observed.

ZachXBT: Hacker Loyalist has stolen more than $4 million of cryptocurrency and NFT since the beginning of 2022

Interpretation of the news:


Zach XBT, an online data analyst, recently revealed that Loyalist/Lukas/Shibango has been stealing cryptocurrency and non-fungible tokens (NFTs) since the beginning of 2022. The individual reportedly obtained over $4 million worth of crypto and NFTs through phishing fraud on Twitter, collaborating with other known phishing fraudsters.

According to the report, the individual identified as Loyalist stole 1741 NFTs and targeted 416 independent victims. This revelation highlights the significant threat that phishing scams pose to the cryptocurrency industry.

Phishing scams have become increasingly prevalent in the crypto industry, exploiting the anonymity and decentralization of blockchain technology to deceive users into sending their digital assets to scammers. Phishing attacks are typically conducted through social media platforms and emails, and scammers often pose as legitimate entities, such as exchanges or wallet providers, to gain the trust of unsuspecting users.

Loyalist’s success in stealing such a considerable amount of cryptocurrency and NFTs through phishing scams is alarming and further underscores the importance of educating crypto users about the risks of phishing attacks.

To prevent phishing attacks, users must remain vigilant and exercise caution when interacting with unfamiliar individuals or entities online, especially when it comes to financial transactions. Users should never share their private keys or seed phrases, and always verify the legitimacy of a wallet provider or exchange.

Additionally, social media platforms should improve their security protocols to prevent phishing scams from being conducted on their platforms. The crypto community should cooperate and raise awareness to mitigate the risks posed by such cybercriminal activities.

In conclusion, Loyalist/Lukas/Shibango’s phishing fraud on Twitter highlights the urgent need for increased security and education in the cryptocurrency industry. Users must remain vigilant and employ best practices when transacting in the crypto space to prevent phishing scams from causing significant financial losses.

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