
Investors in crypto should be highly vigilant against address poisoning scams, which involve sending dust payments to trick users into copying a malicious, similar-looking address. The image shows a victim lost nearly $50 million in USDT after sending a test transaction and then copying a spoofed address for the main transfer. Relying on middleware like "whitelisted address books" or ENS may not fully mitigate risk, as these can also be compromised; always manually verify the full address before large transactions.

By beaniemaxi
Crypto native since the early days. Went all in on DeFi summer. Then tripled down on NFTs. VC @gmcapital_. No paid promos. Not financial advice. I talk my book.