The scammers spent their gains on a lavish lifestyle of luxury cars, apartments, jewelry, and nightlife. Related posts: Asked to get a banana, a BAYC owner narrowly avoids a fake Forbes scam Genesis Trading-labelled address moves $720M BTC to Coinbase, pointing to the start of asset liquidations Over 70% of hacked funds are lost to CeFi entities: Cyvers August sees 215% rise in crypto phishing, $55M lost in single attack