Summary
TLDR: In February, 57,000 individuals fell victim to crypto phishing scams, resulting in a $47 million collective loss. Ethereum mainnet users were the primary targets, with $36.2 million stolen from them. Despite security measures, phishing attacks are increasing, with scammers using various tactics to impersonate legitimate entities on social media.
Key Points
1. February saw a surge in personal crypto scams, with 57,000 individuals falling victim and a total loss of $47 million reported by Scam Sniffer.
2. Ethereum mainnet users were predominantly targeted in phishing attempts during this period.
3. The majority of the stolen assets were from Ethereum-based thefts, totaling $36.2 million from 25,029 victims, with Ethereum-based ERC20 tokens comprising 86% of the total stolen assets.