🛑 Attention! Recently, I've noticed many comments on social media asking to 'help transfer' funds, offering their seed phrase #SeedPhraseScam
What happens:
Creating 'wormy' accounts
Scammers automatically generate dozens of fake profiles on YouTube, Instagram, Facebook, and other platforms. These accounts look new and inactive — the perfect 'background' for spam with seed phrases.#SeedPhraseSafety
Publication of enticing comments
Under videos about cryptocurrencies and investments, comments like appear:
“Please help me transfer my USDT — here’s my seed phrase”
or
“I have $5,000 USDT in my wallet, but no ETH to pay the fee. Can someone help?”
They appeal to your responsiveness or greed, creating the impression of 'easy money'.
Trap based on a multi-sig wallet
In fact, the provided seed phrase opens not a standard wallet, but a multi-signature (multi-sig) contract that requires approval from several keys to perform a transaction.#multisig
The illusion of available funds
The wallet actually contains USDT (or other tokens) totaling between $1,000 and $10,000. However, there are no$ETH $SOL or $TRX — necessary to pay the network fees ('gas') when transferring.
Activation of the 'victim-scammer'
Someone, deciding to 'take advantage of the situation', sends gas tokens to this wallet to pay the fee and withdraw USDT.
Instant redirect of fees
Due to the cunning logic of the multi-sig contract, the tokens you transferred do not go towards paying for the withdrawal of USDT. Instead, they are automatically redirected to a predetermined address of scammers.
And when trying to withdraw USDT, you will see an error:
“Insufficient funds for gas.”
Your ETH/SOL/TRX has already gone to the attackers, while USDT remains 'blocked' in the multi-sig and is inaccessible to anyone.
The cycle continues
Spam accounts are quickly deleted or blocked, but new ones take their place. Victims rarely track this scheme to the end, and most 'charity scammers' remain 'pantsless'.