A trader just became victim to a sophisticated address-poisoning scam, losing nearly $50 million in USDT. Here's how it happened: The attacker planted a cloned address in the victim's transaction history. When the user went to send funds, they grabbed what looked like a familiar address from recent transactions—a common shortcut we all take. But it was a trap. They hit send on 49,999,950 USDT, thinking they were transferring to a legitimate wallet. The attacker immediately converted the stolen USDT to ETH and moved the funds. By the time anyone realized what happened, the money was already gone. This is a brutal reminder of how far scammers will go. They don't just create fake addresses—they engineer them into your history to make them look legitimate. The lesson? Always verify the full address, even if it appears in your transaction records. Never copy-paste without double-checking. One moment of autopilot cost someone fifty million dollars.
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NFTregretter
· 8h ago
That's why I always manually enter the address and check five times... Fifty million just like that is gone, really unbelievable.
A trader just became victim to a sophisticated address-poisoning scam, losing nearly $50 million in USDT. Here's how it happened: The attacker planted a cloned address in the victim's transaction history. When the user went to send funds, they grabbed what looked like a familiar address from recent transactions—a common shortcut we all take. But it was a trap. They hit send on 49,999,950 USDT, thinking they were transferring to a legitimate wallet. The attacker immediately converted the stolen USDT to ETH and moved the funds. By the time anyone realized what happened, the money was already gone. This is a brutal reminder of how far scammers will go. They don't just create fake addresses—they engineer them into your history to make them look legitimate. The lesson? Always verify the full address, even if it appears in your transaction records. Never copy-paste without double-checking. One moment of autopilot cost someone fifty million dollars.