Bitcoin Forum

 Hello. Does anyone knows why this address is sending bitcoins to so many addresses. I got 4€ from it, don't even know why. Just wondering maybe someone knows something.

Possibly dust attack, but the amount spent on dust attack will be a lot less than 4 Euros and the attacker will send an amount that is the minimum funds that can be sent which poses a risk to your privacy.

Dust Attack, what it is, why it is dangerous, and how to prevent falling to it (https://bitcointalk.org/index.php?topic=5175238.0) by fillippone will give you an idea of what is dust attack and whether you should worry about it or not.

Thank you for the nice idea. And can understand clearly from fillippone's post in 2019. Thank you fillippone bro. Others are still getting good ideas by reading your old concept.

This is an attempt by scammers to steal your bitcoins. You’re lucky you noticed the transaction early, most times people don’t even notice the difference because the deposits are usually small amounts. In addition to the thread suggested by @jrrsparkles, you can learn how to avoid becoming a victim of a dusting attack here;

 Topic: [Edu] Bitcoin Wallet Dusting Attack and UTXO Control (https://bitcointalk.org/index.php?topic=5467542.msg62878714#msg62878714)
What are Address Poisoning Scams? (https://bitcointalk.org/index.php?topic=5433343.msg61556293#msg61556293)
Address poisoning scams (https://support.metamask.io/hc/en-us/articles/11967455819035-Address-poisoning-scams)

Isn't address poisoning come on those POS chains where the scammer tries to generate an address that is closely similar to the address you sent the funds to in the past and then create some fake transactions?

I don't think this is possible with the Bitcoin blockchain because it's very expensive to carry out due to the high TX fees. On networks like Tron the scammers spend very little in fees.

I checked wallet and see that it looks more like a charity than a dust attack)) I cannot understand the true purpose of what is happening, since such a daily newsletter to various wallets amounts to the equivalent of $400-500. Maybe this is some kind of reward for the work done?

They can do it on Bitcoin blockchain when transaction fee is cheap.

https://blockstream.info/nojs/tx/3f807962c02583dbed82cd8787668f049daa71ba88147544f57486b3d24bc400
This dust attack transaction was proceeded with 1.1 sat/vbyte transaction fee.

History of Bitcoin transaction dust spam storms (https://blog.lopp.net/history-bitcoin-transaction-dust-spam-storms/)

I don't think this is a dust attack. Aside from the fact that the amount sent wasn't really typical of this kind of attack, if you take a look at the address' transactions, it seems obvious that the address isn't one that serves a malicious purpose.

The owner of the address is kind of busy but it's not because he/she is sending minimal amounts to a massive number of addresses, which is normally how a dust attacker address looks like. A lot of transactions are not small ones. Many are even 6-digit transactions.

OP should have a clue if he/she can remember which transactions he/she used his/her address with.

The address receives frequent large withdrawals from Binance. It is either a large whale or maybe a company who owns this wallet. It is unclear how they are deciding who to send sats to. If it was based on pulling random addresses which were active recently you would expect more taproot addresses, which are involved in ordinals to be included, but I don't see any.

It could still be a dusting attack even though the amounts are larger than is typical because they expect you to pay high fees. When fees are high many wallets won't select really small UTXOs when creating a transaction.

That is actually a dust attack. But according to my little knowledge dust amount are usually lesser than this amount. Where it can not be transferred. But looking at this I think it's a higher amount. I've often seen dust of $0.0001 or less. but €4 is a huge amount to me but it might be a dust attack or a wrongly sent amount.

If that is the case, then OP received payment/reward or something because that address sends similar amounts to a lot of addresses which is typically bigger than the dust amount.

And if OP didn't remember subscribing to any such reward then the funds were sent even due to a mistake?

Thanks for sharing I had a very preliminary knowledge about dust attack but via your reference to filippones thread I've been able to get some more good knowledge which have been of good help to expanding my knowledge about attacks on wallets.

Considering the fact that the sender daily sends to hundreds of wallets by 0.0001 satoshi, you cannot claim that these transactions were sent erroneously. It is surprising that these transactions have been sent out daily since December 8, 2023, and tens of thousands of dollars have been spent on transaction fees alone.

At first I will commend the reference you made on fillippone article as it is expository and educative. Newbies who come in contact with that book after reading it can not fall for scammers that easily. He did a great work putting up with the article.
I checked the wallet and I was not surprised to see that there are lots of Bitcoin in that wallet. Possibly those BTC might be assets stolen from people as they are just voluminous per transaction.

I will advise you not to interact with that wallet or withdraw the BTC you received from that wallet since you are not expecting anything from that wallet or anybody had informed you that they were going to send you BTC of that amount through. You just have to be careful so they do not steal you assets.

My observation as well, 4€ is way too much for a dust attack as dust attacks constitutes amounts that have almost zero value.
Well, I can’t tell what might be the motive here but, it’s possible that something fishy might be the case since, the transaction is done without any plausible reason as per solicitation and probably, doesn’t constitute a region in it’s distribution.

Your reaction on the other hand would make all the difference. When you get such unsolicited coins in your wallet and it’s something that is been done to a whole other persons or wallet address, you have to watch it and tighten your security less, you lose everything.

Yes, dust attack is possible, but I don't think it's the same as address poisoning

Address poisoning ---->> Attacker tricks users who like copying deposit addresses from their transaction histories into copying a scammer's address that has similar first and last few characters and deposit in coins unknowingly

Dust attack ---->> Attacker uses the UTXOs to deanonymize or attack privacy of a user in case they try to spend the dust amounts sent to them alongside their other UTXOs. This makes it easier to track the user.