In this episode, we break down how a sophisticated “mining as a service” con convinced Sass Mining’s CEO to move $220,000 in Bitcoin into a compromised wallet, and how the attackers used seed phrase theft and automated sweepers to launder the stolen funds across multiple addresses and exchanges. We then unpack the red flags in the scam and the hard security lessons for anyone in crypto, from guarding seed phrases and avoiding high-pressure investment pitches to understanding how hard it is to recover funds once they’re gone.
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