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Bitcoin.com
December 21, 2025 12:30 PM UTC

Crypto Trader Loses $50M in USDT to Address Poisoning Scam

Crypto Trader Loses $50M in USDT to Address Poisoning Scam

A trader lost nearly $50 million in USDT after falling victim to an “address poisoning” scam. The attacker spoofed a wallet address that looked identical to the victim’s, tricking him into copying it from his transaction history. The Mechanics of Address Poisoning A cryptocurrency trader lost nearly $50 million in a single transaction on Dec.

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