Friend.tech wallet hit with phishing scam as trader loses 22 ETH portfolio

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– Sophisticated scam has hit a trader @yyctrader1, resulting in loss of his 22 ETH portfolio. – Stolen funds have been reportedly transferred from Friend.tech wallet to Ethereum via Orbiter. – Some of the loot has been deposited into Binance, with the trader seeking assistance from the exchange. A cryptocurrency trader with username @yyctrader1 recently…

– Sophisticated scam has hit a trader @yyctrader1, resulting in loss of his 22 ETH portfolio.

– Stolen funds have been reportedly transferred from Friend.tech wallet to Ethereum via Orbiter.

– Some of the loot has been deposited into Binance, with the trader seeking assistance from the exchange.

A cryptocurrency trader with username @yyctrader1 recently fell victim to a sophisticated phishing scam, resulting in the loss of his entire 22 ETH portfolio.The scam was first reported by PeckShieldAlert, which revealed that @yyctrader1’s Friend.tech wallet was compromised.

Friend.tech scammer transferred funds from Base

A Friend.tech wallet containing 22 ETH, which comes to a market value of over $34,800, was compromised after a trader fell victim to a scammer.The perpetrator has reportedly transferred the stolen funds from Base to Ethereum using a platform called Orbiter.Some of the ill-gotten gains has also been deposited into cryptocurrency exchange Binance, PeckShieldAlert said.

@yyctrader1 said on X, “My 22 ETH portfolio was nuked to 0.” The trader went on to describe how he was lured into the scam unfolded by a hacker pretending to be from FriendMEX.

As per his account, they shared common servers, which seemed to create a sense of trust.A few hours after the initial contact, a ‘colleague’ of the scammers reached out, expressing interest in having a call with @yyctrader1.

“During the call, they got me to click on a link to check out their product,” @yyctrader1 admitted.

My friendtech wallet was compromised through an elaborate phishing scam and my 22 ETH portfolio was nuked to 0— yyctradΞr (@yyctrader1)

They just bridged my ETH using Orbiter, and some has just been deposited to

[@binance] [pic.twitter.com/zgz9T2LvLW] [October 10, 2023]

The scammers maintained a friendly demeanor during the conversation, with one of them having an Asian accent and the other sounding American.They even went so far as to schedule a follow-up call for the next day, the trader said.Immediately after concluding the call, the scammers started transferring of ETH out of @yyctrader1’s wallet.

@yyctrader1 has reached out to Binance for assistance as per his X account.

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