The Crypto Basic
December 22, 2025 7:50 AM UTC

Crypto Trader Loses $50 Million in Sophisticated Address Poisoning Scam

A crypto trader has lost nearly $50 million in USDT after inadvertently transferring funds to a wallet controlled by scammers in a sophisticated address poisoning attack. According to on-chain analytics firm Lookonchain, the trader withdrew close to $50 million in USDT from Binance on December 20. Visit Website

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