ZachXBT: Hardware wallet social engineering scam results in user losses of approximately 2.05 million LTC and 1,459 Bitcoin, valued at over $282 million.

Techub News reports, according to ZachXBT monitoring, a victim lost over 282 million USD worth of LTC and Bitcoin due to a hardware wallet-related social engineering scam. ZachXBT stated that the disclosed stolen addresses total approximately 2,050,000 LTC and 1,459 BTC. The attacker subsequently exchanged the stolen LTC and BTC for Monero through multiple instant exchange platforms, causing short-term price fluctuations in XMR. It was also mentioned that some BTC underwent cross-chain transfers via Thorchain, involving networks such as Ethereum, XRP, and Litecoin.