💔 Scam Alert

A hacker recently pulled off a major scam in the cryptocurrency world, causing someone to lose $71 million worth of crypto. The victim tried to send 1155 WBTC to their own address but fell into the hacker's trap. The hacker created a similar-looking address and tricked the victim into sending the crypto there instead. In a surprising turn, the hacker returned $14 million to the victim as a "consolation payment" and sent back some of the stolen ETH.

This type of scam, called a "trap link attack," is becoming more common as scammers prey on users' mistakes. In this case, the victim didn't notice the slight difference in the address and ended up sending all their crypto to the hacker's address instead of their own. If the victim had double-checked the address, they could have avoided the loss.

The lesson here is to always be cautious and verify addresses thoroughly when making transactions in the cryptocurrency world. Copying and pasting addresses blindly can lead to devastating losses, as seen in this $71 million incident.

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