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But in a twist straight out of a Hollywood heist movie, they lost everything to another scammer just moments later.
zkLend, a lending protocol on Ethereum’s Layer 2 network, recently fell victim to an exploit.
Hacker Falls for a Scam, Loses Stolen $5.4M
A hacker managed to drain 2,930 ETH from the platform, sending shockwaves through the crypto community. The attacker, likely expecting to launder their loot through Tornado Cash, an infamous crypto mixer, was about to learn a hard lesson.
While trying to wash their stolen funds through Tornado Cash, the hacker made a rookie mistake. Instead of visiting the real Tornado Cash site, they landed on a phishing site cleverly disguised as the real deal. Before they could blink, the entire $5.4 million vanished—snatched up by another thief lying in wait. In short, the hunter became the hunted.
Karma hit fast.
Hacker steals 2,930 $ETH($5.4M) from zkLend… then gets phished while using Tornado Cash.
All 2,930 $ETH($5.4M) gone — to another thief.https://t.co/O1ODLgRRTh pic.twitter.com/36AhTSgOwZ
— Lookonchain (@lookonchain) April 1, 2025
Phishing scams are nothing new in crypto. Fraudsters set up fake websites that look identical to real platforms, tricking users into revealing private keys or approving malicious transactions. Once the hacker connected their wallet to the fake Tornado Cash, the phishing site’s operator drained every last ETH. This blunder highlights a bitter reality: Even criminals aren’t safe from cybercrime.
A Heist, a Scam, and a Harsh Lesson in DeFi Security
The original zkLend hackers probably thought they had hit the jackpot, only to get outplayed by someone even more cunning. As the saying goes, “You live by the sword, you die by the sword.”
A hacker stole $9.5 Million from ZKLend — but what happened next was bizarre.
Instead of immediately hunting them down, ZKLend dropped a message:
“You may keep 10%, return the rest…or else.”
Here’s what happened after:
pic.twitter.com/r1lVsSifKM
— Edge (@EdgeWallet) March 19, 2025
While most people aren’t out there stealing crypto, there’s a lesson here for everyone: Always double-check URLs, use security tools, and avoid connecting wallets to unknown sites. Scammers don’t discriminate—they’ll take anyone’s money, even from other crooks.
Disclaimer
The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies are thoughts and opinions relevant to the accepted levels of risk tolerance of the writer/reviewers, and their risk tolerance may be different from yours. We are not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments, so please do your due diligence. Copyright Altcoin Buzz Pte Ltd.
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