Beware #الاحتيال Breach of $331 Million Shakes the Cryptocurrency Market: An American Senior Citizen Victim of the Largest Phishing Operation in 2025
In an unprecedented blow to the digital asset market, a report from CertiK, a blockchain security company, revealed record losses in the cryptocurrency sector during April, exceeding $364 million, driven by a complex phishing scam that resulted in the theft of 3,520 Bitcoin from a wallet belonging to an American senior citizen, valued at approximately $331 million.
This incident is considered one of the five largest breaches in the history of cryptocurrencies, as the attacker employed advanced social engineering techniques to compromise the wallet on April 30.
April recorded a shocking spike in losses of 1,163% compared to March, which saw losses of only around $28.8 million. Excluding the major breach, remaining losses are estimated at around $34 million, representing a monthly increase of 21%.
The report noted that phishing was the most prominent factor behind these losses, followed by the exploitation of security vulnerabilities, access privilege breaches, and manipulation of pricing mechanisms.
Despite the scale of the losses, some protocols managed to recover part of the stolen funds. White hat hackers returned $18.2 million from attacks $SOL
