Losses Exceed $4 Million as Prominent Crypto Trader Frogman Reports Attack

Odaily Report: According to monitoring by Frogman, during the recent TOKEN2049 conference in Singapore, hackers launched attacks targeting cryptocurrency traders and investors attending the event using fake public Wi-Fi hotspots, phishing pages, and social engineering tactics. Attackers set up malicious networks mimicking hotels, airports, and venue locations, stealing device data through man-in-the-middle attacks, forged login pages, and malicious app updates, and further stealing hot wallet assets. A side event called "Don't Get Played" was also alleged to be involved in fraud. According to reports, organizers claiming to be Apex Accelerator and Stone Venture, under the guise of cybersecurity training, induced participants to install remote-control malware on their laptops in order to gain device control and steal private keys. The victims involved have reported the matter to Singapore police. Prominent crypto trader Frogman stated that he was hacked during the event, with 9 types of tokens stolen from two main wallets, resulting in losses exceeding $4 million. The report advises users who have connected to suspicious networks or installed unknown software to transfer assets to secure devices or cold wallets as soon as possible, revoke suspicious contract approvals, and reset relevant passwords and two-factor authentication credentials.

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