Report: Approval Phishing Scams Drain $1bn of Cryptocurrency from Victims
Report: Approval Phishing Scams Drain $1bn of Cryptocurrency from Victims
15 December 2023
Approval phishing scams have been used to steal at least $1bn in crypto since May 2021, as per a new report by Chainalysis. This technique, frequently used by romance scammers, is estimated to have led to losses of at least $374m so far in 2023.