Cryptofishing scams increased in February, resulting in losses of over $46.8 million in more than 57,000 incidents, according to the Scam Sniffer report. 🚨 Fake accounts on social media platform X targeted users with comments imitating Twitter accounts. The Ethereum mainnet was the primary route for these thefts, accounting for 78% of stolen funds. ERC-20 tokens were the most targeted assets.