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

T2Covered by 1 source · first reported by The Defiant / DL News / Protos / CryptoSlate at 28 Sept, 09:10 UTC

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 Layer 2 mainnet, complete with an RPC endpoint, cross-chain…