As a result of the fraudulent campaign under the guise of cryptocurrency airdrops (free distribution of tokens to existing and potential users), 63 thousand people have been affected and lost approximately $58 million since March 2023. Moreover, one of the victims lost $24 million.

According to on-chain detective ScamSniffer, cryptocurrency holders were directed to phishing resources through ads on Google and social network X. Wallet Drainer crypto wallet has been associated with fraud strategy.

Source: Ferra

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