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Crypto Trader Loses $35 Million In Minutes – Here’s How

Bitcoinist LogoBitcoinist14h ago

Crypto Trader Loses $35 Million In Minutes – Here’s How - Bitcoinist

Quick Summary:

Blockchain security platform Scam Sniffer recently revealed a crypto trader who lost $35 million in minutes.

This trader is said to have lost this sum thanks to a social-engineered crypto scam, which continues to be rampant in the industry.

They noted that these phishing tweets from notable X accounts are often the result of social engineering attacks that authorize malicious apps.

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Crypto Trader Loses $35 Million In Minutes – Here’s How - Bitcoinist (Picture 1)Crypto Trader Loses $35 Million In Minutes – Here’s How - Bitcoinist (Picture 2)

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Article Details

Author / Journalist: Scott Matherson

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-13 @ 05:30:25 (14 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinist.com

Language: English

Article Length: 444 words

Reading Time: 3 minutes read

Sentences: 31 lines

Sentence Length: 15 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bitcoinist

News ID: 23014068

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About Bitcoinist

Bitcoinist Logo

Main Topics: Crypto

Official Website: bitcoinist.com

Update Frequency: 10 posts per day

Year Established: 2014

Headquarters: Hungary

News Last Updated: 11 hours ago

Coverage Areas: Hungary

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #105

Publisher Details

Frequently Asked Questions

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The story "Crypto Trader Loses $35 Million In Minutes – Here’s How" has 444 words across 31 sentences, which will take approximately 2 - 4 minutes for the average person to read.

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The story "Crypto Trader Loses $35 Million In Minutes – Here’s How" was covered 14 hours ago by Bitcoinist, a news publisher based in Hungary.

How trustworthy is 'Bitcoinist' news outlet?

Bitcoinist is a fully independent (privately-owned) news outlet established in 2014 that covers mostly crypto news.

The outlet is headquartered in Hungary and publishes an average of 10 news stories per day.

It's most recent story was published 11 hours ago.

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  • News ID: #23014068
  • URL: https://beamstart.com/news/crypto-trader-loses-35-million-17287989739050

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