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Beware of "Zero-value attacks", where the scammer changes the first and last few digits of the address to make it look similar to yours and to trick you. A scammer stole around $20M USDT from a single person when they didn't check the whole address.

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by COINS NEWS 150 Views

I used to think that checking the first and last few characters of the address was always safe enough, but turns out they somehow have a way of generating addresses that have the same characters, or they do it until they get a similar one, not sure about how it works.

They stole $20M from a single person when they did the similar and fell for the trick.

The address they wanted to send to:

0xa7B4BAC8f0f9692e56750aEFB5f6cB5516E90570

The Phishing Address:

0xa7Bf48749D2E4aA29e3209879956b9bAa9E90570

They both have the same first and last 5 digits, and this is very likely how the victim fell for it, as the address isn't similar at all except that part.

Tether recently blacklisted the scammers address.

These are getting more and more complicated by the day, best to check your address when making transfers and keep your funds safe this way.

The scammers address:

https://etherscan.io/address/0x407e4b78c16d22b21b5ddcd0b0f7ad9cb07b9cbc

submitted by /u/Elie0_0
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