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This cautionary tale takes place at the end of 2024, as the narrator was preparing to consolidate their crypto holdings amidst swirling rumors surrounding new IRS regulations. However, just a day before the year ended, the IRS canceled these regulations, leaving the narrator with a sense of frustration after spending both time and funds on unnecessary transactions.
The narrator was specifically transferring Near Protocol tokens, shifting them from one wallet to another when they unwittingly became a target for a address poisoning scam. What seemed like a routine transaction quickly turned into a precarious situation that highlighted a real threat to many crypto users.