Pond Coin Founder Loses $71.2 Million in Phishing Attack

According to Foresight News, Pond Coin founder, known as Pauly, who is also a member of the Pepe team, has reportedly fallen victim to a phishing attack. The attack resulted in a loss of 1,155 Wrapped Bitcoin (WBTC), equivalent to approximately $71.2 million. In a previous report, Foresight News revealed that a whale address had been targeted by a phishing attack from an address with the same first and last digits. The attack led to a loss of 1,155 WBTC. The phishing team subsequently sold all the WBTC, converting it into 22,960 Ether (ETH). The funds are currently distributed across ten wallet addresses. Foresight News urges its readers to verify the accuracy of addresses before conducting any transactions. This incident serves as a stark reminder of the potential risks associated with digital transactions and the importance of maintaining robust security measures.