Crypto Scammers Have Finally Found Their Thieving Match: Themselves.
Crypto scammers have finally found their thieving match: Themselves.
A new scam has been making the rounds mainly on YouTube that would make even the most cunning trickster tip their hat, security firm Kaspersky said in a security update last week.
“I have USDT stored in my wallet, and I have the seed phrase. How do I transfer my funds to another wallet?,” Kaspersky noted one such comment. The specific wallet held over $8,000 worth of stablecoins on the Tron blockchain. A seed phrase is a word string that grants their knowers access to a crypto wallet.
This question, however, was not from a crypto novice but a cleverly laid trap. Those stablecoins were held in a multi-signature wallet, and theoretically require a gas fee to be able to…
