Unprecedented $68 Million Loss in Bitcoin (BTC): A Cautionary Tale for Crypto Investors

• A mysterious trader has lost $68 million worth of Wrapped Bitcoin (WBTC) in a single transaction due to an “address poisoning” scam.
• The theft was first revealed by onchain security firm Cyvers in a post on May 3.
• According to CoinStats, the victim, with a “0x1E” wallet, lost over 97% of their total assets worth over $67.8 million.

A mysterious trader loses $68 million in WBTC due to an “address poisoning” scam, highlighting the ongoing threat of crypto scams.