Malicious actors impersonated the legitimate Xai gaming blockchain project to deceive unsuspecting ETH holders. Victims transferred 374 ETH to the fraudulent scheme believing they were interacting with the Xai Launchpool or legitimate project channels.

Xai, a Layer 3 solution for AAA gaming, has issued an alert for phishing impersonating Xai, where attackers have fraudulently obtained approximately $374 ETH, valued at approximately $845.8K.