Anoka County Man Lost $2.4 Million After Clicking on a Link on His Phone, Court Records Show

Anoka County man lost $2.4 million after clicking on a link on his phone, court records show

According to court records, he received a link through his email account that claimed to be from Coinbase, a popular cryptocurrency exchange.

US Court Orders Recovery of $2.5 Million Worth of Stolen Cryptocurrencies

A federal judge has ordered the forfeiture of roughly $2.5 million worth of cryptocurrencies stolen via scams, the Department of Justice (DOJ) said in a May 23 statement. The order, issued by U.S. District Court Judge Amir H. Ali, seeks to recoup funds stolen through cryptocurrency confidence schemes and return them to the United States. Confidence scams begin with malicious actors reaching potential victims through seemingly misdirected text me…

Crypto Trader Loses $2.5M in USDT to Address Poisoning Scam — Twice in One Day

The incident occurred on May 26, with the first costly mistake involving the accidental transfer of $843,000 USDT. The trader had copied what they believed was a familiar wallet address from their transaction history—unaware it had been manipulated by scammers. Just hours later, the same mistake was repeated, this time costing the trader an additional $1.7 million. How the Address Poisoning Scam Works The attack method used in this case is known…

Double Trouble: Crypto User Loses $2.5M By Copying Same Scam Address Twice

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure A crypto user has just lost more than $2.5 million in a simple copy-and-paste mistake. They tried to move 843,166 USDT to a safe wallet. Instead, they sent a chunk of it to the wrong address. Then they did it again—this time...

There are examples of people losing large sums of money when they thoughtlessly accept authentication requests, thereby transferring money to fraudsters around the world. There is no compensation if people use electronic IDs to accept such transfers.

Double Trouble: Crypto Investor Loses $2.5M by Copying Same Scam Address Twice

A crypto user has just lost more than $2.5 million in a simple copy-and-paste mistake. They tried to move 843,166 USDT to a safe wallet. Instead, they sent a chunk of it to the wrong address. Then they did it again—this time sending $1.7 million to the same scammer. It’s a costly reminder that even small slips can erase fortunes. Copy-Paste Blunder Leads To Million-Dollar Loss According to on-chain records, the victim first moved $838,611 in USD…