Billionaire Cuban Loses Ether (ETH), RARE, and Other Tokens to Crypto Phishing Scam

Phishing attacks trick users into divulging sensitive data, downloading malware, and exposing their private information. Such attacks are extremely common in the crypto industry, as users may fail to check the source of requests on a crypto wallet, or unknowingly download a fake application that mimics the original – one that exists only to steal holdings.