In 2022, FTX and BlockFi, two crypto companies that went bankrupt, now their wallets were emptied. A hacker who captured the e-mails of these people took more than $5 million in cryptocurrencies and NFTs within a period of 1 week after clicking on the e-mails he sent to the victims.

Crypto security expert Plumferno reached some details about the hack attack, though limited, and shared them on his X account. Stating that he reached the details with the help of several friends, Plumferno said that the hacker most likely obtained user e-mails from the e-mail service provider called Mailer Lite. Mailer Lite was hacked in January and “phishing” e-mails were sent to people using this application. In that attack, $600,000 crypto was stolen from those who clicked on the links.

Here, it was stated that the hacker sent the captured e-mails to BlockFi and FTX victims and obtained millions of dollars of crypto and NFTs.

“Some victims are still unaware they’ve been robbed”

Plumferno also said that some users may not even be aware that they have been hacked and lost their cryptocurrencies:

“The worst part of this scam is that most of the assets have been stolen from dormant wallets – people who were likely affected by the BlockFi bankruptcy and haven’t touched the funds since. It may also be likely that some of these victims are still unaware they’ve been robbed.” she said.

Blockchain data also shows that $4.5 million in cryptocurrency has entered the hacker’s Ether wallet since 17 March, as well as many valuable NFTs such as Mutant Ape and Otherdeeds.

In 2023 alone, cryptocurrency investors lost more than $300 million in funds from attacks known as phishing or malware.