News

User loses $282M in one of the largest social engineering crypto heists

  • Cointelegraph by Amin Haqshanas--Cointelegraph
  • published date: 2026-01-17 09:54:24 UTC

A crypto user lost over $282 million in Bitcoin and Litecoin after being deceived into sharing a hardware wallet seed phrase, enabling attackers to launder funds across chains and privacy tools.

A crypto user has lost more than $282 million worth of Bitcoin and Litecoin in one of the largest social engineering attacks ever recorded in the crypto sector. The theft occurred on Jan. 10, 2026, … [+2440 chars]