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Australian federal police to probe 2,000 exploited crypto wallets

Chainalysis’ Operation Spincaster found over 2,000 Australian-owned crypto wallets were hit by “approval phishing” scams.

The Australian Federal Police says its investigating losses from a spate of crypto phishing scams, which have impacted at least 2,000 Australian-owned crypto wallets.

It follows a Chainanalysis investigation — named Operation Spincaster — which found thousands of crypto wallets belonging to Australians had been exploited via “approval phishing” tactics.

“The intelligence we have gathered collaboratively throughout Operation Spincaster has shed a clear light on new tactics being used by cybercriminals in their continued efforts to defraud Australians,” AFP Detective Superintendent Tim Stainton said in an Aug. 4 statement.

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MakerDAO delegate’s $11M in tokens stolen in phishing scam

The user fell victim to the phishing scam after signing multiple phishing signatures, which resulted in the loss of their digital assets.

A MakerDAO governance delegate has lost $11 million worth of Aave Ethereum Maker (aEthMKR) and Pendle USDe tokens in a phishing scam due to signing multiple signatures. 

Scam Sniffer detected the incident in the early hours of June 23. The user fell victim to the phishing scam after signing multiple signatures, which led to the loss of their digital assets.

The sender address, “0xfb94d3404c1d3d9d6f08f79e58041d5ea95accfa,” transferred 3,657 aEthMKR tokens to the recipient address “0x739772254924a57428272f429bd55f30eb36bb96,” and the transaction was confirmed within 11 seconds.

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