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Double Trouble: Crypto User Loses $2.5M By Copying Same Scam Address Twice

  • A crypto user lost over $2.5 million by sending funds to the wrong address in a copy-and-paste mistake.
  • Scammers are using 'transaction history poisoning' by sending small transfers from look-alike addresses to deceive users.
  • Phishing scams in April alone resulted in losses of $5.29 million, with more victims falling prey to these fraudulent schemes.
  • The phishing gang Inferno Drainer exploited Ethereum's EIP-7702 rules to steal around $150,000, highlighting the constant threats in the crypto space.

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