Crypto Phishing Scam Hits 885K Phone Numbers

The scale here matters less than the vector: the attack relied on social engineering rather than a protocol flaw, meaning no amount of on-chain security would have helped. That shifts the burden toward user-facing defenses — wallet providers, exchanges and telecoms filtering the messages that carry these lures. The open question is whether this campaign reflects a broader industrialisation of crypto phishing or an isolated bulk effort, and whether disclosure like Rapid7's prompts faster takedowns of the fake wallet sites themselves.