The primary method of theft was through private key compromises, which were responsible for nearly half of the total financial losses. Other common tactics included access control breaches, exit scams (also known as rug pulls), and phishing attacks​ (BeInCrypto)​​ (SFC Today)​. Notably, Ethereum was the most targeted platform, suffering 131 incidents that led to $139 million in losses​ (BeInCrypto)​.