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