ZachXBT: A user lost over $282 million in LTC and BTC on January 11 due to a hardware wallet social engineering scam.

According to ME News, on January 17th (UTC+8), ZachXBT monitoring revealed that around 7:00 AM (UTC+8) on January 11th, a victim lost over $282 million worth of LTC and BTC in a hardware wallet social engineering scam. The attackers then converted the stolen LTC and BTC into Monero through multiple instant exchange platforms, causing a brief surge in the XMR price. Some BTC was also transferred to the Ethereum, Ripple, and Litecoin networks via Thorchain. The total amount of stolen addresses is approximately 2.05 million LTC and 1459 BTC. (Source: ME)