Phishing Hack

On August 19, 2025, a victim lost 783 BTC ($91 million) in a social engineering scam where threat actors impersonated exchange and hardware wallet customer support representatives. The theft occurred exactly one year after the $243 million Genesis Creditor theft, with the stolen funds beginning to be laundered through privacy-focused services including Wasabi wallet.

The attack was executed through sophisticated social engineering tactics where the perpetrators impersonated legitimate customer support personnel from both cryptocurrency exchanges and hardware wallet companies. The victim was manipulated into providing access credentials or performing actions that compromised their Bitcoin holdings, resulting in the unauthorized transfer of 783 BTC valued at approximately $91 million. Following the theft, the threat actors immediately began implementing money laundering techniques, including "peeling" transactions to break up the large sum into smaller amounts and making deposits to Wasabi wallet, a privacy-focused Bitcoin mixing service designed to obscure transaction trails.

The timing of this theft is particularly notable as it occurred exactly one year after the massive $243 million Genesis Creditor theft, suggesting possible coordination or symbolic significance to the attackers.

Transaction Hash:

da598f2a941ee3c249a3c11e5e171e186a08900012f6aad26e6d11b8e8816457

Exploiter Address:

bc1qyxyk4qgyrkx4rjwsuevug04wahdk6uf95mqlej