Gigachad (gigachadsolana.com)

Solana

GIGA

Million

A prominent crypto memecoin investor, known as “Still in the Game,” recently lost a staggering $6.09 million in Gigachad (GIGA) tokens after falling victim to a phishing attack involving a fake Zoom link. On November 12, the GIGA token faced a sudden price drop due to the large sell-off of these stolen tokens.
The investor <a href="https://x.com/stigstigstig_/status/1856085747457028517" target="_blank" rel="noopener noreferrer nofollow">revealed</a> the cause of the sell-off on social media, explaining, “Just want to be transparent – the massive sell on $GIGA today was due to one of my wallets being drained by a fake Zoom link. This hurts bad but I will be back. I will always stay in the game.”
Crypto investigation firm Scam Sniffer reported that the phishing attack began with a fake Zoom invite link, which redirected the victim to a malicious website designed to steal sensitive wallet information.&nbsp;
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 <figure class="aligncenter size-full"><img fetchpriority="high" decoding="async" width="449" height="474" src="https://www.cryptotimes.io/wp-content/uploads/2024/11/scamsniffer.png" alt="scamsniffer" class="wp-image-213681" srcset="https://www.cryptotimes.io/wp-content/uploads/2024/11/scamsniffer.png 449w, https://www.cryptotimes.io/wp-content/uploads/2024/11/scamsniffer-388x410.png 388w" sizes="(max-width: 449px) 100vw, 449px">
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 Source: <a href="https://x.com/realscamsniffer/status/1856190628088172891" target="_blank" rel="noopener noreferrer nofollow">Twitter</a>
 </figcaption>
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Upon clicking the link, the malware was installed on the investor’s computer, allowing the hacker to access and empty three of their crypto wallets.
According to Onchain Lens, a blockchain analytics firm, the attacker stole a total of 95.3 million GIGA tokens, valued at $6.09 million. The stolen tokens were then converted to other assets, including 11,759 Solana (SOL) tokens worth around $2.1 million, which were further exchanged for stablecoins Tether (USDT) and USD Coin (USDC). Some funds were even transferred to the crypto exchange KuCoin.
The investor has since involved the FBI and a specialized forensics team to recover the stolen funds. Despite the loss, they remain optimistic, stating, “I’m going to make it all back and more. Just watch me.”
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Investor Loses $6 Million in $GIGA to Fake Zoom Link Scam

The Crypto Times

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