🚨 *Crypto Trader Loses $50 Million in Address Poisoning Scam* 🚨
A crypto trader fell victim to an address poisoning attack, losing nearly $50 million in USDT stablecoins. Here's what happened:
- The attacker sent a small "dust" transaction to the victim's wallet, making the scammer's address appear in the victim's transaction history.
- The victim copied the address and sent $50 million to the attacker's wallet.
- The attacker quickly swapped the USDT for 16,690 ETH and moved 16,680 ETH to Tornado Cash, a crypto mixer, to hide the trail.
The victim is fighting back, offering a $1 million bounty for the return of 98% of the stolen funds and threatening legal action ¹ ² ³.
*How to Protect Yourself:*
- *Verify Addresses*: Check every character, don't rely on first and last few characters.
- *Use Address Books*: Save trusted addresses in your wallet.
- *Spot Dust Attacks*: Watch for tiny unexpected transactions.
