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Over \$330 million (3,520 BTC) was stolen from a U.S.-based cold wallet—not through hacking or malware, but via sophisticated social engineering. Impersonating support agents, the attackers built trust over time through emails, calls, and fake websites before executing the theft. The funds were laundered and are now unrecoverable. This incident underscores a critical truth: even the most secure hardware wallets are vulnerable to human error. Vigilance, identity verification, and never sharing seed phrases are essential for protection.
