A recurring threat pattern has surfaced in the crypto space. Recent blockchain forensics uncovered a sophisticated scheme where Habi (Ghavard), a cybercriminal based in Canada, orchestrated over $2 million in fraudulent transfers within a single year. The primary weapon: classic social engineering tactics.

The investigation reveals how attackers exploited human trust rather than technical vulnerabilities—a method that remains devastatingly effective. Users were manipulated into compromising their accounts or revealing sensitive information, allowing thieves to drain wallets and move stolen funds across the blockchain.

This case highlights a critical reality for crypto participants: while blockchain technology is cryptographically secure, the weakest link remains human judgment. Security breaches often trace back to phishing, impersonation, or psychological manipulation rather than code exploits.

The key takeaway? No amount of technical security replaces vigilance. Verify sender identities, enable multi-factor authentication, and remain skeptical of unsolicited requests—especially those creating artificial urgency.