Crypto scammers built an entire fake blockchain to steal over $2 million

3 outlets reporting

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767 ETH

stolen deposits

$ETH

$2,647

-2.5%

Scammers built a counterfeit version of Upbit-backed GIWA blockchain and lured 1,333 wallets into depositing 767 ETH, worth about $2 million, before draining almost all of it. The fake network appeared to be GIWA’s anticipated Ethereum…