PeckShieldAlert Alarms Crypto Community: Scammers Stole 2,237 BNB

A blockchain security and data analytics firm PeckShieldAlert (PSA) alerted the cryptocurrency community to phishing attacks. According to the report, the scammers have grabbed 2,237 BNB worth $767.8K. It has been learned that the victim unknowingly allowed the culprits to “transfer LP tokens,” along with transferring 780 BNB to the decentralized cryptocurrency tumbler Tornado Cash.

Notably, on April 19, PSA shared a tweet alerting the crypto community about the scam:

In addition, PeckShieldAlert also shared a graphic image depicting the transactional process employed by the phishing attackers and providing the transaction details of an attacked address.

In a subsequent tweet, PSA stated that yet another “1,454.1 $BNB (~$500K)” were transferred from the scammers into Tornado Cash; a graph was also provided by the platform. 

Interestingly, PSA has unearthed various interesting hacking and phishing instances lately, including the BingChatGPT tokens honeypot and the Euler hack of close to $200 million. In the BingChatGPT tokens honeypot attack, PeckShieldAlert set out a pump and dump tokens warning. While two tokens had already lost their value completely in February, the third token lost 65%.

Responding to the concerned tweet from PSA, ZachXBT, an independent cryptocurrency fraud investigating researcher, tweeted:

Lately, PSA has been instrumental in flagging the recent Hundred Finance hack amounting to a loss of $7 million. The Hundred Finance phishing involved the attacker donating 200 WBTC only to “inflate hWBTC’s exchange rate” to eventually make even small hWBTC amounts to “drain current lending pools.”