Crypto user loses $7.8 million in SolvBTC as phishing scams surge on social media

A phishing attack resulted in a crypto user losing $7.8 million worth of SolvBTC, a wrapped Bitcoin product created by Solv Protocol. On Dec. 11, blockchain security firm Scam Sniffer highlighted the incident and shed further light on the evolving sophistication of such scams. How the attack unfolded According to Scam Sniffer, the victim unknowingly […] The post Crypto user loses $7.8 million... source: https://cryptoslate.com/crypto-user-loses-7-8-million-in-solvbtc-as-phishing-scams-surge-on-social-media/