A user was targeted by an address with similar first and last characters, resulting in a loss of nearly 50 million USDT.

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TL;DR

A user lost nearly 50 million USDT after mistakenly sending funds to a malicious address with similar first and last characters, despite an initial test transaction to the correct address.

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USDT lossmalicious addresscryptocurrency scamSlowMisttransaction security

PANews reported on December 20th that Yu Xian, founder of SlowMist, tweeted that a user suffered a loss of nearly 50 million USDT due to a malicious address with identical first and last characters. User @web3_antivirus stated that the user first sent a small test transaction to the correct address. Minutes later, $50 million was sent to a malicious address copied from the transaction history (the first three characters and last four characters were identical).

  • Player address: 0xcB80784ef74C98A89b6Ab8D96ebE890859600819
  • Poisoning address: 0xBaFF2F13638C04B10F8119760B2D2aE86b08f8b5
  • The address expected by the player: 0xbaf4b1aF7E3B560d937DA0458514552B6495F8b5

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