Earlier this week, crypto whale Kuan Sun shared his detailed experience of being targeted by a sophisticated phishing attack on his X account. This story serves as a stark warning to all investors, as he lost and then recovered $13.5 million. As the digital asset ecosystem expands, so does the risk of hacking. How can investors prevent massive losses? A Seemingly Harmless Meeting That Became a Nightmare A phishing attack on Tuesday robbed Kuan Sun, a user of the decentralized lending platform Venus Protocol, of his cryptocurrency. However, thanks to the swift response and cooperation of the Venus Protocol team, he was able to recover the stolen funds. The elaborate attack began in April 2025 at the Hong Kong Wanxiang…
Source: beincrypto.com — Read the full article
