HackFraudUniversity student loses $103K to crypto exchange phishing drainer
Published: 26 Oct 2026 · Worldwide
A university student lost their entire $103K savings intended for studying abroad after connecting their wallet to a phishing website that impersonated a legitimate crypto exchange. The fake site used a drainer to steal the funds upon wallet connection and approval.
Who is at risk
Anyone who uses social media, email or messaging apps
How to protect yourself
- Do not click links in unexpected messages, posts or direct messages.
- Check the sender or account through the official website, not through the message.
- Never share passwords, codes or recovery phrases.
Source: Community reports (hackfraud.com)
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