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Crypto scammers built an entire fake blockchain to steal over $2 million

What happened

Attackers used GIWA’s expected Chain ID and a fraudulent bridge before changing the portal code and emptying deposits. Scammers built a counterfeit version of Upbit-backed GIWA blockchain and lured 1,333 wallets into depositing 767 ETH, worth about $2 million, before draining.

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