ZachXBT: A user lost over $282 million in LTC and BTC on January 11 due to a hardware wallet social engineering scam.

According to ZachXBT monitoring, on January 11, a hardware wallet social engineering scam resulted in victims losing over $282 million in LTC and BTC. The attackers transferred assets through exchange platforms, causing the price of XMR to surge, and some BTC was transferred across chains to networks such as Ethereum.