#AltcoinETFsPostponed 👾#Crypto

$330 Million Bitcoin Heist: Social Engineering Behind Massive Theft

An elderly U.S. citizen has fallen victim to one of the largest crypto thefts to date, losing 3,520 BTC—valued at roughly $330 million.

The attacker used social engineering tactics to gain access to the victim’s wallet, then quickly laundered the funds through more than 300 addresses, 20 exchanges, and multiple mixers. A substantial portion was converted into Monero (XMR), significantly hindering traceability.

Experts say the theft was premeditated and executed with high levels of automation and precision, leaving little hope for fund recovery. $BTC