Social Engineering Scam Hack
Reported loss
$282.0M
Social Engineering
What happened
On January 10, 2026, a victim lost more than $282M in Bitcoin and Litecoin in a hardware-wallet social-engineering scam. The amount is a lower-bound report for the stolen assets, not a smart-contract loss.
How it happened
The attacker used social engineering to obtain control of a hardware-wallet holder’s assets, then moved the stolen Bitcoin and Litecoin through instant exchanges into Monero; some Bitcoin was routed through THORChain toward Ethereum.
Protocol details
Classification
Social Engineering
Protocol Type
Exploit/Phishing
Evidence
Understand the attack patterns
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