Scammer swipes nearly $50 million from user in painful crypto poisoning attack – DL News
- An unlucky crypto user mistakenly sent nearly $50 million in USDT to a hacker’s address in a so-called poisoning attack.
- The hacker then quickly laundered the misappropriated funds, according to blockchain sleuths.
- An address poisoning attack is when a hacker creates a wallet address that matches the victim’s.
Someone lost close to $50 million in USDT tokens after sending the crypto to the wrong address in a so-called poisoning attack.
Blockchain sleuths flagged the painfully expensive error on Friday, claiming that the $49,999,950 loss may be one of the biggest on-chain scams ever.
A poisoning attack is when a hacker creates a wallet address that closely matches the sender’s, leading the victim to transfer funds to the wrong…
