Anjali Sharma
GG News Bureau
NEW YORK, 8th Jan. The Crypto Co founder Bill Lou start up Nest Wallet on Sunday reported that it was scammed out of $125,000 stEth (a cryptocurrency token) while attempted to claim the $LFG airdrop.
The domain Lou had gone to believed it was a cryptocurrency airdrop website, was actually set up to phish unsuspecting users after he lost his money.
Lou wrote on X “I’m devastated guys. I just got scammed out of $125k of stEth while trying to claim the $LFG airdrop,”.
“I can’t believe this is happening, I’ve always been so careful. I saw article guide to the airdrop and follow the link to sign a message. I didn’t even question it,” he added.
A cryptocurrency “airdrop” is a marketing strategy in which a company distributes small amounts of coins or tokens to wallet addresses in exchange for minor favors from community members, such as token recipients giving shout outs to the company on social media.
Lou claimsedhe was using a Metamask wallet instead of his own Nest Wallet service because he had a “test version installed.”
According to its website, Metamask is “a safe and simple way to access block chain applications.” Lou, on the other hand, claims that his Nest Wallet “would have literally caught it.”
According to Lou, he visited an unauthorized website impersonating lessfeesandgas.org.
In Lou’s ongoing personal investigation with Hackers Residue, “the hacker has scammed a total of 66 Eth,” including his 52 and another 14 Eth, equating to approximately $31K from other people.
“It does not seem like a one person job,” Lou said in a recent post.
“Currently, the stolen funds have all been moved to this wallet,” he added.
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