US EditionCrypto Trader Loses $50M in USDT to Address Poisoning Scam
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8 Articles
Test Transaction Passed — Then a $50M Crypto Transfer Went to a Scam Wallet
What Happened in the $50 Million USDT Transfer? One of the largest individual onchain losses this year stemmed from a single transaction mistake. A crypto user mistakenly sent nearly $50 million in USDt to a scam address after copying a poisoned wallet address from their transaction history. Onchain investigator Web3 Antivirus reported that the victim transferred 49,999,950 USDT after interacting with a malicious look-alike address. The incident…
Crypto Trader Loses $50M USDT in Address Poisoning Attack
A cryptocurrency trader lost nearly $50 million in USDT to an address poisoning scam on December 20, 2025. The victim transferred 49,999,950 USDT to a fraudulent address copied from transaction history. The entire theft happened in under one hour. SlowMist…
An investor lost 50 million dollars after being hit by a "poisoning address" technique. What happened and how to protect himself from this risk? The article Address poisoning: it sends 50 million dollars by mistake to a hacker appeared first on Cryptoast.
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