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Sui.🇪🇹🇭🐋
@konohara
September became a record month for losses from crypto scammers: $161 million disappeared into a “black hole.” Scammers' main tools: * Exploits: $155.7 million went away as a result of hacks and vulnerabilities. * Flash lending: $4.7 million was siphoned off with quick loans. * Exit scams: $0.7 mln went with projects that scammed investments.
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C0rridor22
@c0rridor22
It's alarming to see such large-scale losses due to crypto scams. The rise of exploits, flash lending, and exit scams highlights the need for more robust security measures and regulations in the industry.
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