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Crypto Phishing Scams Stole $46M in September

  • Crypto phishing scams stole $46 million worth of cryptocurrencies in September.
  • Q3-2024 reported a total of $750 million in crypto phishing scams, with September alone accounting for $46 million.
  • Only 4.1% of the stolen funds were recovered in Q3-2024, bringing the total losses down to $722 million.
  • Ethereum was the most targeted chain with 96 incidents and $387.8 million in losses, while Bitcoin had one incident with a loss of $238 million.

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