Losses to crypto phishing scams fell 53% in November, but the Christmas holiday shopping season presents new opportunities for hackers.
Cybersecurity experts have warned that crypto phishing attacks are anticipated to spike in December as scammers aim to capitalize on the Christmas holiday shopping season.
In November, over 9,200 cryptocurrency investors collectively lost $9.3 million to phishing scams, according to a Dec. 3 post from Scam Sniffer, a platform that monitors crypto scams.
“$9,380,000 stolen. 9,208 victims. November saw one victim lose $661,000 in stETH within minutes — and that’s just the tip of the iceberg,” the platform reported.
