GM Explorer,

Today, we’ve got an incredible story of crypto deception that you won’t want to miss!

Stick around, and you’ll be shocked to see the lengths these scammers are going to these days!

Here’s what we got for you today:

• 🤯 The crypto heist of the century!

• 📈 Is Bitcoin heading to $90k soon? Experts say yes!

• 🧱 Around The Block: 'Uptober' starts early as Bitcoin price pump smashes short positions.

🤯 The Crypto Heist of the Century!

Something out of a crime thriller movie just unfolded, folks!

A staggering $243 million worth of Bitcoin was stolen from a creditor of the now-defunct trading firm Genesis.

How did it happen?

Well, a group of crafty cybercriminals posed as Google support technicians and pulled off a sophisticated social engineering attack.

These scammers—identified by crypto sleuth ZachXBT as Malone Iam, Veer Chetal, and Jeandiel Serrano—manipulated the victims into sharing sensitive private information, including the private keys to their Bitcoin wallet.

With that information, they swiftly reset the victim’s two-factor authentication and transferred a whopping 4,064 Bitcoin right into their own pockets!

But they didn’t stop there.

They stashed the stolen crypto across 15 cryptocurrency exchanges and laundered it through various currencies like Monero, Ethereum, and Litecoin to cover their tracks.

Yet, in a twist of irony, they still got caught because they weren’t exactly subtle about their newfound wealth.

They flaunted their extravagant purchases of luxury watches, jewelry, and cars.

In one particularly cringe-worthy DM exchange, a guy offered a pink car as a birthday gift, only to be shot down with a blunt, “I am taken once again” response. Ouch!

Who knew scammers could be so elaborate—and so absurd at the same time?

Crypto sleuth ZachXBT tracked them down and even caught them on video receiving their $243 million haul. (See the video here!)

There are also screenshots leaking their names and some of the wallets where they stored the funds!

And thankfully, the investigation is making strides.

Authorities have frozen about $9 million of the stolen funds and returned $500,000 to the victim.

Two of the suspects have also been nabbed—one in Los Angeles and the other after an FBI raid in his swanky Miami beach home.

Oh, and in true crypto fashion, ZachXBT is turning this entire investigation into an NFT!

It’s a wild world out there, folks, and events like this serve as a chilling reminder of the risks in the crypto space, where scams can disguise themselves as support, and fortunes can vanish in the blink of an eye.

So, always remember to remain cautious, keep your private info private, and resist the temptation to flaunt your wealth online.

For the full story, click here!

📈 Is Bitcoin Heading to $90k Soon? Experts Say Yes!

Raoul Pal, CEO of Real Vision, believes Bitcoin is on the verge of a major breakout, potentially soaring to $90,000 by November.

What's behind this bullish outlook?

Pal points to the rising global liquidity, which seems to be significantly boosting Bitcoin.

He also emphasizes the strong historical connection between Bitcoin and the global money supply (M2).

In fact, he shared a chart that suggests Bitcoin could reach $90,000 by November if this trend continues.

Julien Bittel, another macro expert at Real Vision, shares this optimism.

He says improving macroeconomic conditions boosts market liquidity— which is typically great news for risk assets like Bitcoin.

Also, he reassures investors that after a period of stagnation, this increased liquidity could spark a big price jump, especially as we head into Q4.

Do you agree with these guys? Even if you don’t, this might be a moment to watch closely.

For more insights, click here!

🧱 Around The Block

• 'Uptober' starts early as Bitcoin price pump smashes short positions.

• El Salvador Bitcoin agency reportedly made $235 this year, $7M off target.

• Crypto scammers orchestrate massive hack on X but barely made $8K.

• US lawmakers demand answers from Gary Gensler on the SEC’s position that crypto airdrops are securities transactions.

• Trump buys burgers with Bitcoin at NYC crypto hangout PubKey.

• South Korean gaming powerhouse Nexon aims to extend the lifespan of games with blockchain technology.

• Terraform Labs gets sign-off from US bankruptcy judge to begin winding down.

That's all we've got for you today.

Did we miss anything? Or just want to say hey? We'd love to hear from you! You can

• 🐦 Find us on Twitter

• 💬 Holler on Linkedin

• 💌 Reply to this email

• 🚀 Partner with The Crypto Explorer 

And If you haven't already, make sure to sign up to receive the next issue in your inbox.

Catch you soon.

DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell assets or make financial decisions.