Security platform Scam Sniffer said phishing sites are able to place paid advertisements on Google and X, bypassing their guidelines.
Over 324,000 crypto users fell victim to phishing scams in 2023, with around $295 million in digital assets lost to wallet drainers.
In its 2023 Wallet Drainers Report, blockchain security platform Scam Sniffer analyzed the trends surrounding drainers used in crypto phishing scams. The platform highlighted that there has been a continued growth in phishing activities throughout 2023.
In addition, Scam Sniffer also reported that despite drainers closing down, “phishing gangs” just take their business elsewhere, as there seems to be no lack of platforms providing services for scammers.
