SCAM SNIFFer, which specializes in digital security, said that despite the decrease in fraudulent hunting losses by 48% to 5.32 million dollars last February with an increase in the awareness of digital currency users, and the continued permanent attempts of users to avoid traditional fraudulent methods, advanced plans appeared on the Telegram application.
Scam Snifer is a company that specializes in digital fraud, and provides a set of tools and services aimed at protecting users from fraudulent activities and harmful sites through immediate detection and alerts.
The company pointed out that the losses of fraudulent clinic related to digital currencies decreased for the third month in a row in February, and the size of the losses reached 5.32 million dollars through 7,442 thousand victims.
The company stated that the rate of 48% decrease is large compared to the size of the losses last January, which amounted to 10.25 million dollars and was preceded by losses of 23.58 million dollars in December 2024 due to these fraudulent operations.
The company pointed out that the descending trend indicates that digital currency users have become more aware of safety, and take pre -emptive steps to protect their money, and that less incidents indicate increased awareness of common fraud and improvement of security practices throughout the industry.
She pointed out that the main attacks of fraudulent hunting in February included the large attack by poisoning headlines on the Ethereum network, as the fraudsters manipulated the dates of transactions to deceive users to send money to fraudulent addresses, and this method caused the theft of assets worth 771 thousand dollars.
Other fraudulent methods caused significant losses, as those related to the permits were depleted 611 thousand dollars from Ethereum users, and BNB Chain users lost 610 thousand dollars due to what is known as unwanted approvals, and the “approval” scores were able to steal 326 thousand dollars from Ethereum portfolios.
There is also a famous case in which one of the victims lost 607 thousand dollars due to the approval of clinic signed more than a year ago.
SCAM SNIFFer analysts advise users to cancel old approvals when network fees are low to reduce exposure to such attacks.
The company also warned of a fraud plan that relies on the Telegram app, as the attackers attract users to enter the verification codes, which ultimately leads to penetrating their accounts.
She explained that the fraudsters send a message urging the victim to “verify” a problem, and the victim enters the login code, and the attackers steal the session information, and the victim loses access to his account on the Telegram application.
Once you enter, they are looking for special keys or impersonating the victim’s personality to deceive the contacts.
She also warned that these tactics have become more prevalent, with fraudsters frequently using fake security warnings to deceive users.
