⚠️ LOST $50 MILLION DUE TO COPYING THE WRONG WALLET ADDRESS – A PAINFUL AND COSTLY LESSON 👇🏻

‼️ On December 20, a victim (0xcB80) lost $49,999,950 USDT in an address poisoning attack.

💬 What happened

1. Test transaction: Before transferring $50 million USDT, the victim sent a test transaction of $50 USDT to their own address (0xbaf4b1aF…B6495F8b5).

2. Hacker’s method: Taking advantage of the fact that many wallets hide the middle of wallet addresses with “…”, the scammer created a fake address with the same first and last 4 characters as the real one.

3. Wrong copy: When sending the remaining $49,999,950 USDT, the victim copied the address from the transaction history without carefully checking the full string, and accidentally selected the fake address.

4. Result: The entire amount was sent directly to the scammer’s wallet.

(Source: Lookonchain)

⛔️ Costly lessons:

• Always carefully verify the entire wallet address before sending funds.

• Never copy addresses from transaction history just for convenience.

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