Crypto Trader Loses $50M USDT in Address Poisoning Attack
A cryptocurrency trader lost nearly $50 million in USDT to an address poisoning scam on December 20, 2025.
The victim transferred 49,999,950 USDT to a fraudulent address copied from transaction history.
The entire theft happened in under one hour. SlowMist monitoring reported that the stolen funds were rapidly converted to Ethereum, dispersed across multiple wallets, and partially laundered through Tornado Cash.
The victim posted an on-chain message demanding return of 98% of the stolen funds within 48 hours.
The victim also offered the attacker $1 million as a white-hat bounty while threatening legal and international law enforcement action.
Crypto attack exploited transaction history
The…
