ScamSniffer: Cryptophishing losses in August reached $63 million, with fewer victims but more losses

According to an August phishing report published by ScamSniffer, approximately 9,145 victims lost approximately $63 million in cryptocurrency phishing scams. The number of victims dropped 34% compared to July, but the amount stolen jumped 215%. One victim lost up to $55 million in a phishing scam targeting proxy ownership. The report notes that the number of fake accounts on Platform X (formerly Twitter) has dropped significantly. ScamSniffer recommends optimizing the display of main phishing signatures and integrating its phishing domain and address blacklists to protect users.