A victim reported losing a staggering loss of Bitcoin from their Coinbase wallet. This incident involved a deceitful entity operating under the Twitter handle @Sealana_ITteam, which was subsequently deleted following the fraudulent activity. The scammer’s receiving Bitcoin address is bc1q79lvela5ewhwyytye0rqqzeg47x02qlgkdz2x4.

Receiving Address: bc1q79lvela5ewhwyytye0rqqzeg47x02qlgkdz2x4

The victim’s receiving address, bc1q79lvela5ewhwyytye0rqqzeg47x02qlgkdz2x4, is a Bech32 (P2WPKH) Bitcoin address. Our analysis of this address reveals several critical details that align with the complaint. This address has been involved in six transactions on the Bitcoin blockchain. It has received a substantial total of 4.69433989 BTC, equivalent to approximately $319,432, and has sent out 4.01661123 BTC, valued at about $273,315.

Currently, the address holds a balance of 0.67772866 BTC, which is approximately $46,116.89. The transaction history shows a significant influx of 0.91866787 BTC, roughly $62,511.90, on July 3, 2024, shortly before a series of smaller outgoing transactions began. These outgoing transactions include 0.07390480 BTC ($5,028.94) on July 7, 2024, and 0.06245848 BTC ($4,250.07) on July 4, 2024. The pattern of transactions suggests a possible attempt to disperse the stolen funds across various outputs to obfuscate their trail.

Conclusion

This appears to be a cryptocurrency phishing scam. The scammer likely tricked the victim into transferring Bitcoin to their fraudulent address by pretending to be a legitimate entity or service. This type of scam often involves social engineering tactics, such as impersonation on social media, fake websites, or email phishing, to deceive the victim into believing they are dealing with a trusted party. In this case, using a deleted Twitter handle (@Sealana_ITteam) suggests that the scammer used social media to facilitate the fraud.

After thoroughly investigating the provided information, it is clear that the reported incident is indeed a scam. The receiving address, bc1q79lvela5ewhwyytye0rqqzeg47x02qlgkdz2x4, aligns with the details in the victim’s complaint, confirming the transfer of the stolen funds. The deletion of the scammer’s Twitter handle further suggests malicious intent. This case highlights the importance of vigilance and caution in cryptocurrency transactions.