You are viewing a single comment's thread from:

RE: LeoThread 2024-05-03 16:19

in LeoFinance6 months ago

Crypto owner Falls Victim to Address #Poisoning, Loses $68 Million #WBTC

In this #scam, known as address poisoning, the victim —identified only by the wallet ID "0x1E"—was tricked into sending a massive amount of WBTC to a fraudulent address.

In an address poisoning scam, a cybercriminal makes a crypto address similar to the victim's, often matching the initial and final characters.

The scammer then sends a small transaction to the victim's wallet. The goal is for the victim, not paying close attention, to mistakenly copy this fraudulent address from their transaction history and use it in their next transactions.

#crypto #security #alwaystriplecheck