Crypto address poisoning scammers netted $1.6M this week

Crypto address poisoning scams exploded this week, with one victim losing $636,000 in Ether due to a purposefully contaminated wallet history.

Unsuspecting crypto users lost more than $1.6 million to scammers via address poisoning attacks just this week — more than in the entire month of March. 

On Friday, a victim lost 140 Ether (ETH), worth about $636,500, after copying the wrong address from a contaminated transfer history, according to crypto scam prevention platform ScamSniffer. 

“The user basically sent 140 ETH to a lookalike address that had been seeded in the history after a copy-paste mistake,” the team said, adding, “His history is full of poison address attacks, so it was only a matter of time before the trap worked.”

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