Crypto User Scam: $50 Million Lost in Address Poisoning Copy-Paste Mistake

[TokenTsunami]

A crypto user just lost nearly $50 million to a sneaky address poisoning scam. The scammers didn’t use malware or hack anything—they simply messed with the wallet’s transaction history until the user accidentally sent their money to a fake address.

Here’s how you stay safe:

Double-check wallet addresses yourself every time.

Set up a whitelist so you only send funds to trusted addresses.

Watch out for any weird changes in your transaction history.

Honestly, this should be a loud warning for anyone dealing with crypto.

SOURCE: https://citytelegraph.com/news/293453/crypto-user-scam-50-million-address-poisoning/

[SquirrelJulietGarden]

A crypto user just lost nearly $50 million to a sneaky address poisoning scam. The scammers didn’t use malware or hack anything—they simply messed with the wallet’s transaction history until the user accidentally sent their money to a fake address.

It's not a very new scam method, in fact it is an old method. People can learn about most popular scam methods including this address poisoning method and avoid scams, but unfortunately most of them hesitated to learn before losing money.

Anyway, if you are in this market, it's ever too late for learning because it can help preventing scams in the future.
What are Address Poisoning Scams?
Cryptocurrency scambook.

[Aanuoluwatofunmi]

A crypto user just lost nearly $50 million to a sneaky address poisoning scam. The scammers didn’t use malware or hack anything—they simply messed with the wallet’s transaction history until the user accidentally sent their money to a fake address.

Address poisoning is very dangerous and the worst of it is that they will make it appear through as if you're sending to the intended address, because they have similarity looks, but when a closer look is being given, we can spot some difference, we should avoid the use of our transaction history record in performing another, instead copy directly from the intended wallet.

[Fivestar4everMVP]

I understand that address poisoning isn't a new scam strategy since I've heard about it a couple of times or more from different sources, but I haven't given it much attention to trying to find out how it really operates.

And i have many questions to ask concerning how op explained how the whole scam hacked here, he said no wallet was hacked, no keyloggers changing copied address, no nothing..
And my question is, how then did the scammers change the transaction history of the user without hacking or gaining a form of access into the wallet? Or is possible to change transaction history of a wallet from the blockchain explorer side? I want to understand this clearly..

Sorry, I could easily use Google but I guess nothing wrong asking here as well, right?👍