A user lost nearly $50 million in USDt after copying a poisoned wallet address from transaction history, showing how subtle address spoofing can trick users.
A single transaction error led to one of the largest onchain losses seen this year, after a user mistakenly sent nearly $50 million in USDt to a scam address in a classic address poisoning attack.
According to onchain investigator Web3 Antivirus, the victim lost 49,999,950 USDt (USDT) after copying a malicious wallet address from their transaction history.
Address poisoning scams rely on look-alike wallet addresses being inserted into a victim’s transaction history via small transfers. When victims later copy an address from their transaction history, they may unknowingly select the scammer’s lookalike address instead of the intended recipient.
You can get bonuses upto $100 FREE BONUS when you:
💰 Install these recommended apps:
💲 SocialGood - 100% Crypto Back on Everyday Shopping
💲 xPortal - The DeFi For The Next Billion
💲 CryptoTab Browser - Lightweight, fast, and ready to mine!
💰 Register on these recommended exchanges:
🟡 Binance🟡 Bitfinex🟡 Bitmart🟡 Bittrex🟡 Bitget
🟡 CoinEx🟡 Crypto.com🟡 Gate.io🟡 Huobi🟡 Kucoin.
Comments