🚨 User lost $2.6M by copying a scammer’s wallet address
One small mistake cost a crypto user $2.6 million in USDT.
According to Cyvers Alerts, the victim fell for a sophisticated phishing scheme that used “zero-value transfers.”
Here’s what happened:
Scammers used $ETH transferFrom function to send fake transactions worth $0 to the victim’s wallet. These zero-value transfers appeared in the wallet’s transaction history, making it look like the victim had previously interacted with those addresses.
That created a false sense of trust.
Over the next three hours, the victim sent money twice to these scam addresses — first $843K, then another $1.75M.
What are zero-value transfers?
It’s a trick where scammers send $0 transactions to your wallet. Their address then shows up in your history, making it seem familiar. Later, you might mistakenly send funds to it, thinking it’s legit.
💻How to protect yourself:
Double-check the full address before sending any crypto.
Don’t trust your wallet’s history blindly.
Use security features like hiding zero-value transfers (available in some wallets and explorers).
Remember: To be real, a number must come before the zero.