How a Slick Conman Scooped Up $91 Million in a Web of Deceit – Old Slimy Tricks Still Work

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Well now, on a day in August called the 19th, some poor soul got themselves hoodwinked for a whole heap of crypto-783 Bitcoin, to be exact. Worth about $91 million American dollars, or at least what they’d call money in these modern times. Imagine losing that kind of coin and still call it a day-folks must have more nerves than a city full of jackdaws. 😅

This clever rogue, known by the moniker ZachXBT-like some sort of digital Sherlock-spied out the scheme over a thing they call X, which folks around here call Twitter. The con fellas dressed up like a crypto exchange and a hardware wallet, sounding as trustworthy as a fox in the henhouse. Seems these scallywags are getting bolder, spreading their mischief across the globe like a bad case of the measles.

On August 19, 2025, a victim handed over 783 BTC-roughly $91 million-after some slick talker, pretending to be support for a crypto exchange and wallet, bluffing just enough to get the information they wanted. The villain then began to make deposits into a shady crypto vault called Wasabi. Quite a racket, if you ask me.

This theft… well, it just kept unfolding like a bad soap opera, with the money slipping away and the villains playing their hide-and-seek with multiple addresses.

– ZachXBT (@zachxbt), August 21, 2025

Swindlers Trick Folks Into Giving Away the Family Silver

What’s worse than a snake in the grass? These conmen, disguised as customer support-probably had a hat with “Trust Me” embroidered on it-wiggled their way into the victim’s confidence and wormed out personal secrets. Not a lick of technical mischief, just good ol’ fashioned lying through their teeth.

With that precious intel in hand, they squeezed the victim’s funds like a lemon, funneling it into a privacy-obsessed Bitcoin wallet called Wasabi-sounds fancy, but it’s just another hideout for crooks.

ZachXBT’s sharp eyes found that these bandits had deep networks of addresses, using complicated “mixers” to disguise where the money had come from-like throwing a bunch of muddy water into a whirlpool, impossible to track.

And would you believe it? This rip-off happened on the very first year anniversary of another big theft-a haul of $243 million. Coincidence, maybe. Or just some twisted sense of humor. 🥴

His advice? Be suspicious of every call or email that sounds too good to be true. If it quacks like a duck, it’s probably a scammer in disguise.

TRON DAO Gets Its Fingers Burned in a System Breach

Now, as the crypto world keeps sprawling like a prairie sky, varmints are getting craftier. They’ve come up with new tricks to filch folks’ hard-earned coin, and social engineering stands tall as the dependable old snake oil of scams.

Sometimes, these bandits use what’s called a pig butchering scheme-stirring up trust slowly, like a slow roast, before they pounce and swipe everything.

Just last May, a hacker crept into TRON DAO’s X page and posted a contract address as if they owned the place, stirring up trouble. Justin Sun, the big boss, told folks to freeze their assets and not to take any good faith actions based on that tainted message.

The true story? A member of TRON’s team got caught in a trap, lured in and tricked into giving up their password-just like falling for a fake gold coin on the street corner.

The folks at TRON said, “We won’t be sending random messages or posting strange addresses. If you got a message from us with a contract address or something fishy last May, chuck it in the trash and chalk it up to the work of the devil himself.”

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2025-08-22 18:14