There’s no shortage of hacks, scams, Ponzi schemes, and suspicious transactions in the cryptocurrency markets. Just yesterday, the Nomad bridge got hacked after scamsters broke into the network and drained funds from the wallet. It is reported that $190.7 million worth of cryptos were siphoned, and Nomad is still figuring out what happened. Today, Solana wallets faced an attack after hackers gained access to private keys and compromised several wallets. It is alleged that more than $7 million worth of cryptos is reportedly stolen. In addition, Dogecoin experienced unusual transactions after scam hunter ‘Mishaboar’ uncovered a suspicious Ponzi scheme on the network.
Mishaboar took to Twitter, claiming that a handful of accounts that are automated bots are involved in initiating transactions and moving cryptos to different wallets. He alleged that many bots execute trades making the transaction look genuine but are manipulating and hiding the true nature of moving the cryptos to other wallets.
Moreover, it is alleged that the bot has been initiating 40,000 minuscule daily transactions.
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“A large number of small transactions worth 0.0207 Doge were executed on a daily basis. Supposedly to hide the true nature of the business and the movement of money,” he tweeted.
He added, “Big increase over the past days of Dogecoin transactions. Unfortunately it seems there are some automated accounts…
