In an unfortunate incident, one cryptocurrency user lost over 2.6 million dollars due to a scam known as 'zero transfer attack'.
How did the operation happen?
The scammers sent a fake transaction worth zero dollars from the victim's wallet to a fake address. This address appeared in the transaction history as 'trusted', leading the victim to believe they had interacted with it before.
Later, when making a real transfer, the victim reused the same address... and the disaster struck!
What is the lesson from this incident?
Don't trust any address just because it appeared in your transaction history.
Always manually verify the address or from a trusted source before sending any amount. Use wallets with strong protection and smart warnings.
Beware of falling into the same mistake... the one minute you take to verify the address could save you from huge losses.