I was out tonight when I read that the CoinDash ICO got hijacked and scammers managed to switch the real address with their fake address.

The result? $7.6m scammed over 3 hours.

Well done. Very well done, I must say.

Instead of launching scam coins and sham ICOs, I think a lot of scammers and hackers have realized that it is just more profitable to outright scam people.

Why come up with a huge elaborate ICO scam idea when simple scams work out so well?

Creating fake twitter accounts and slack accounts with admin-sounding names are all free too.

I think the loophole of slackbots and slack DMs were also quite effective.

After watching the evolution of scamming go, I really have to say that this takes the cake.

What these hackers did was freaking ingenius.

1) They managed to access the website
2) They posted their own address …