One copied address can cost you $50 million 🤯
CZ has publicly highlighted a problem the crypto industry has known about for a long time — but still keeps ignoring 😶🌫️
Address poisoning scams are back in focus.
One user lost $50 million by doing what most of us do regularly:
copying an address from transaction history.
Before that, the scammer sent a small test transaction, crafting an address that looked almost identical.
The victim didn’t notice the difference — and sent the full amount to the wrong wallet 🤦♂️
CZ believes this type of fraud can and should be eliminated.
He suggests clear solutions:
— wallets should label, track, and block malicious addresses in real time ⚠️
— users must be warned if an address has previous complaints 🟡‼️
— small suspicious transactions should be automatically filtered 📥📤
According to CZ, Binance Wallet already implements some of these protections 😎
The uncomfortable truth is simple:
most crypto losses don’t happen because of hacks,
but because of habits and automation
In crypto, one wrong copy is enough.
And there is no second chance 🤷♂️
$BNB #CryptoSecurity #AddressPoisoning #Binance #CZ #CryptoScams