A large investor in the memecoin Gigachad lost $6.09 million after falling victim to a phishing scam through a fake Zoom link. Gigachad’s price dropped due to a large selloff, and the investor, who goes by “Still in the Game,” discovered that one of his wallets had been emptied via a fake Zoom link.
The phishing website collected wallet data and installed malware on the investor’s laptop, allowing the hacker to transfer all of the investor’s crypto to one of three crypto wallets before withdrawing it. The hacker stole 95.3 million GIGA tokens, worth $6.09 million, and exchanged them for $2.1 million worth of Solana before USDT, intending to convert them into USDC stablecoins.
The investor involved the United States Federal Bureau of Investigation to recover the stolen funds and remains optimistic, stating that he will recoup the loss during the current bull run.