INVESTOR LOSES $2.5M IN USDT TO DOUBLE PHISHING SCAM USING ZERO-VALUE TRANSFERS
A crypto investor lost $2.5 million worth of Tether $USDT in two phishing attacks within three hours. The scam used zero-value transfers, which place fake addresses into a user’s transaction history without their approval. The victim later mistook the spoofed address for a trusted one and sent large amounts of USDT. This tactic, known as advanced address poisoning, is growing across blockchains like Ethereum and BNB Chain, with over 270 million attempts recorded and $83 million in losses.