The FBI is investigating a $250,000 crypto scam that targeted a Trump donor, where the attacker posed as Steve Witkoff and stole USDT via a spoofed email.
While $40.3K has been recovered, the remaining funds, over $210K, are suspected to have been passed through multiple on-chain mixers, making tracing difficult.
US authorities have filed an extradition request for the Nigerian resident responsible for the scam, who is allegedly involved in various similar cases of stealing digital assets using fake identities.
The incident highlights the importance of cybersecurity vigilance as technical systems can be secured but human vulnerabilities, like falling for social engineering scams, pose a persistent risk.