A victim of an address poisoning scam lost approximately 2.6 million USDT. In less than three hours, the user transferred two significant amounts to the same fraudulent address.
This is reported by Finway
Experts from Cyvers recorded a loss of 2.6 million USDT resulting from a fraudulent scheme utilizing “spam transactions” (address poisoning). The incident occurred due to zero-value transfers that the scammers employed to deceive the victim.
“ALERT! Our system has detected ~2.6M $USDT loss from a targeted address poisoning scam involving zero-value transfers. A single victim was repeatedly scammed by the same attacker address. First, the victim lost 843K $USDT. About 3 hours later, the same victim sent 1.75M…”
Experts from Chainalysis explained that the address poisoning attack is a fraudulent scheme in which criminals create an address that closely resembles one the victim frequently interacts with. They send a small transaction from the fake address to have it appear in the transaction history. This can lead to accidental transfers of funds to the wrong recipient.
Analysts noted that initially, the victim lost approximately 843,000 USDT. Three hours later, the victim transferred another 1.75 million USDT to the same fraudulent address, resulting in a total loss of 2.6 million USDT. It is worth noting that in May 2025, cybersecurity experts from Binance developed an algorithm to detect addresses associated with scams through “spam transactions.”