Alert! A major exchange's $16 million scam case has been cracked, phishing attack methods exposed

【BiTi】Major case breakthrough. A user scam at a leading compliant exchange has been prosecuted by the court, involving a sum of $16 million.

The suspect, Ronald Spektor, played quite aggressively—impersonating customer service, using phishing and social engineering tactics to steal this huge amount from nearly 100 users. In simple terms, he exploited human vulnerabilities and technical methods to gradually deceive users into revealing login information and assets.

He now faces 31 charges, including first-degree grand theft, first-degree money laundering, and scam schemes. During a police search, $105,000 in cash and $400,000 worth of cryptocurrency were seized. But this is just the tip of the iceberg; the district attorney’s office is continuing to track more stolen assets.

This case serves as a warning to everyone. The old tricks of customer service scams still have a market in the crypto space—phishing links, impersonation, emergency operations—these tactics are hard to defend against. Protect your private keys and login information; even the most reputable exchanges cannot be taken lightly.