A crypto trader reportedly sent $50 million in USDT to a scammer after an address poisoning scam attack, turning one lazy copy‑paste into one of the most expensive mistakes in crypto. Stablecoins, ...
Update (May 15 at 3:10 pm UTC): This article has been updated to include comments from Tether. A lag in Tether’s wallet blacklisting process allowed over $78 million in illicit funds to be moved ...
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Victim loses $50M USDT funneled through Tornado Cash
A crypto investor became a victim of a major $50 million USDT fraud after sending funds to a poisoned address by mistake. SlowMist, a blockchain security firm, revealed that, within 30 minutes of ...
A significant onchain fraud incident has highlighted the ongoing risks associated with address poisoning scams in the cryptocurrency space. An individual mistakenly transferred nearly USD 50 million ...
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