Investor Loses $6 Million in $GIGA to Fake Zoom Link Scam

A prominent crypto memecoin investor, known as “Still in the Game,” recently lost a staggering $6.09 million in Gigachad (GIGA) tokens after falling victim to a phishing attack involving a fake Zoom link. On November 12, the GIGA token faced a sudden price drop due to the large sell-off of these stolen tokens.

The investor revealed the cause of the sell-off on social media, explaining, “Just want to be transparent – the massive sell on $GIGA today was due to one of my wallets being drained by a fake Zoom link. This hurts bad but I will be back. I will always stay in the game.”

Crypto investigation firm Scam Sniffer reported that the phishing attack began with a fake Zoom invite link, which redirected the victim to a malicious website designed to steal sensitive wallet information. 

Upon clicking the link, the malware was installed on the investor’s computer, allowing the hacker to access and empty three of their crypto wallets.

According to Onchain Lens, a blockchain analytics firm, the attacker stole a total of 95.3 million GIGA tokens, valued at $6.09 million. The stolen tokens were then converted to other assets, including 11,759 Solana (SOL) tokens worth around $2.1 million, which were further exchanged for stablecoins Tether (USDT) and USD Coin (USDC). Some funds were even transferred to the crypto exchange KuCoin.

The investor has since involved the FBI and a specialized forensics team to recover the stolen funds. Despite the loss, they remain optimistic, stating, “I’m going to make it all back and more. Just watch me.”

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