#CryptoSecurity101
🚨 $330 million in Bitcoin was stolen through social engineering 😯😧
One of the largest cryptocurrency thefts in 2025 just occurred — 3,520 Bitcoins (~$330.7 million) were stolen from a user in the United States.
But here’s the surprise:
There was no flaw in the smart contracts. There was no breach in the blockchain.
It was a purely social engineering attack — a psychological attack targeting human trust, not the code.
🔍 What happened exactly?
The scammers impersonated trusted service providers, gradually building a relationship of trust over weeks.
Once inside, they extracted sensitive wallet details — and within hours, the Bitcoin was gone.
The money was quickly laundered through more than 50 wallets and 20 exchanges, making recovery nearly impossible.
🧠 What is social engineering in the world of cryptocurrency?
It’s not about breaking encryption.
It’s about exploiting human behavior — fear, urgency, and trust.