PeckShieldAlert has reported a major altcoin phishing incident involving the crypto address 0x9B2269…6c1D. The victim fell prey to a scammer named Fake_Phishing187019, resulting in substantial losses in $MOG and $BASED.

$140K in $MOG and $10K in $BASED Altcoin Stolen, in Phishing Attack

The attack resulted in the theft of 82 billion $MOG tokens from the Ethereum, the value of is approximately $140,000. Moreover, approximately 1.7 million $BASED tokens were stolen in the Base network, which is equivalent to around $10,000.

One of the biggest problems of the cryptocurrency world is the possibility of experiencing a phishing scam. Hackers deceive the people into providing their private key or other significant information with the help of fake websites, emails or messages. After penetrating they proceed to transfer the money to their personal accounts, a situation that leaves the victims without options for reclaiming their money.

PeckShieldAlert Urges Caution to Crypto Users

To avoid some such attacks, one has to be very careful. It is crucial to check the legitimacy of the links, emails or messages that are sent for verification. Users should not transfer their private keys or passwords to any person and begin the use of two-factor authentication. They should be aware of new tricks of the scammers.

Lastly, PeckShieldAlert also encourages all crypto users to be careful and should take appropriate measures to protect their tokens. In case of any such occurrences in future, users should report them to relevant authorities as early as possible.