Crypto Investor Loses Over $12 Million in Ethereum to ‘Address Poisoning’ Scam
A cryptocurrency investor has lost 4,556 Ethereum, valued at approximately $12.4 million, after falling victim to a sophisticated “address poisoning” attack.
Specter, a pseudonymous blockchain analyst, reported that the theft occurred roughly 32 hours after the attacker “dusted” the victim’s wallet with a nominal transaction.
According to Specter’s on-chain analysis, the attacker spent two months monitoring the victim’s transaction activity. During this period, the hacker specifically identified a deposit address used for OTC settlements.
The attacker employed vanity address generation software to engineer a look-alike wallet. This fraudulent address shared the exact same starting and ending alphanumeric characters as…
