Ethereum Wallet Holder Lost Nearly $2.6 Million In USDT
The post Ethereum Wallet Holder Lost Nearly $2.6 Million In USDT appeared on BitcoinEthereumNews.com. An Ethereum wallet holder lost nearly $2.6 million USDT on May 26 by mistakenly sending funds to a fake address. ScamSniffer flagged the two large USDT transfers, noting suspicious zero-value probing transactions likely involved. The sender was reportedly victimized before in a similar fashion, having previously lost $840K in an address manipulation scam. An Ethereum wallet holder just lost nearly $2.6 million in two Tether (USDT) transactions today, May 26, after reportedly copying a fake wallet address by mistake. On-chain activity tracked by ScamSniffer, a blockchain security monitoring tool, shows both large transfers were flagged within a short window, raising immediate concerns over possible exploit-linked behavior or unauthorized asset movement. This unfortunate event serves as another stark reminder of the critical importance of diligence in crypto transactions. The sender’s wallet, which begins with the identifier “0x86C0300F,” made two high-value USDT transfers to the same suspicious recipient wallet address, “0x4668EE74.” The first transfer, for about 843,166.83 USDT, went through approximately four hours before a second, even larger transaction of around 1,754,893.45 USDT followed. Together, these two mistaken transactions add up to a staggering 2,598,060.29 USDT lost. ScamSniffer Flags Suspicious Transfers, Possible Address Spoofing ScamSniffer flagged the activity primarily due to the repetition of such large transfers moving between the same two addresses in a short timeframe. This is a behavior often seen in address spoofing incidents, where scammers create fake addresses that closely mimic legitimate ones, or in cases of mistaken fund redirection due to copy-paste errors from tainted transaction histories. Related: Crypto Losses: Buterin’s Warning, a Hack, and a Market Downturn Adding another layer of concern, the sender is reportedly the same individual who previously lost $840,000 in a separate spam-related address manipulation incident. This history makes the current loss even more tragic and highlights the persistent nature of these…
The post Ethereum Wallet Holder Lost Nearly $2.6 Million In USDT appeared on BitcoinEthereumNews.com.
An Ethereum wallet holder lost nearly $2.6 million USDT on May 26 by mistakenly sending funds to a fake address. ScamSniffer flagged the two large USDT transfers, noting suspicious zero-value probing transactions likely involved. The sender was reportedly victimized before in a similar fashion, having previously lost $840K in an address manipulation scam. An Ethereum wallet holder just lost nearly $2.6 million in two Tether (USDT) transactions today, May 26, after reportedly copying a fake wallet address by mistake. On-chain activity tracked by ScamSniffer, a blockchain security monitoring tool, shows both large transfers were flagged within a short window, raising immediate concerns over possible exploit-linked behavior or unauthorized asset movement. This unfortunate event serves as another stark reminder of the critical importance of diligence in crypto transactions. The sender’s wallet, which begins with the identifier “0x86C0300F,” made two high-value USDT transfers to the same suspicious recipient wallet address, “0x4668EE74.” The first transfer, for about 843,166.83 USDT, went through approximately four hours before a second, even larger transaction of around 1,754,893.45 USDT followed. Together, these two mistaken transactions add up to a staggering 2,598,060.29 USDT lost. ScamSniffer Flags Suspicious Transfers, Possible Address Spoofing ScamSniffer flagged the activity primarily due to the repetition of such large transfers moving between the same two addresses in a short timeframe. This is a behavior often seen in address spoofing incidents, where scammers create fake addresses that closely mimic legitimate ones, or in cases of mistaken fund redirection due to copy-paste errors from tainted transaction histories. Related: Crypto Losses: Buterin’s Warning, a Hack, and a Market Downturn Adding another layer of concern, the sender is reportedly the same individual who previously lost $840,000 in a separate spam-related address manipulation incident. This history makes the current loss even more tragic and highlights the persistent nature of these…
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