Scammers Hijack Business Partner's Account, Steal $2.1M USDT
A crypto trader in a high-stakes social engineering scam lost $2.1 million USDT after scammers hijacked his business partner's Telegram account.
The victim, who wishes to remain anonymous, first sent a test transfer of $10 USDT and received confirmation from the compromised account before transferring the larger sum of 2,151,772 USDT.
Tether froze a wallet containing about $1 million on October 29, six days after the theft. The remaining funds were converted into TRX and moved to deposit addresses linked to MaskEX.