Home BlockchainCrypto Investor Loses Over $12 Million in Ethereum to Address Poisoning Scam

Crypto Investor Loses Over $12 Million in Ethereum to Address Poisoning Scam

by Vivek Kumar
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The Address Poisoning Attack.

A cryptocurrency investor has lost 4,556 Ethereum, valued at approximately $12.4 million, after falling victim to a sophisticated “address poisoning” attack.

Specter, a pseudonymous blockchain analyst, reported that the theft occurred roughly 32 hours after the attacker “dusted” the victim’s wallet with a nominal transaction.

How a Fake Look-Alike Address Cost an Ethereum Holder Millions

According to Specter’s on-chain analysis, the attacker spent two months monitoring the victim’s…

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