"Scammer's New Trick: $763K Loss in Transaction History Pollution Attack"

Generated by AI AgentCoin World
Tuesday, Feb 25, 2025 11:11 pm ET1min read

A user has suffered a significant loss of $763,600 due to a transaction history pollution attack, as reported by Scam Sniffer. The attacker exploited a vulnerability in the system by using a counterfeit address that closely resembled a real one, causing the victim to mistakenly copy the wrong address and transfer funds to the scammer.

The attack process, as summarized by Scam Sniffer, involved four key steps:

  1. The scammer initiates a fake transaction from a similar address;
  2. The fake address appears in the user's transaction history;
  3. The user copies the address from the transaction history, believing it to be legitimate;
  4. Funds are transferred to the scammer.

This incident highlights the importance of exercising caution when copying addresses from transaction histories, as scammers can exploit these vulnerabilities to defraud unsuspecting users. It is crucial for users to double-check the addresses they are copying and to be wary of any addresses that appear in their transaction history without their knowledge.

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