A person lost $71 million on Crypto scam, an unbelievable trick surprise the world
A recent incident posted on X where the victim has shared about his bad experience to lost $71 million to a scammer. Earlier today, a person made a new address and sent 0.05 Ethereum (ETH) to it. Unfortunately A scammer generated an address with the same starting and ending letters and transferred 0 $ETH to him, so the transfer appears in his transaction history. This trick works because many wallet apps only show the first and last parts of an address, hiding the middle part.
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Crypto scams continue to evolve alongside the growing popularity of cryptocurrencies, attracting attention from both regulators and investors. With modern technology constantly advancing, scammers are finding new ways to deceive investors and regulators alike.
A recent incident posted on X where the victim has shared about his bad experience to lost $71 million to a scammer. Earlier today, a person made a new address and sent 0.05 Ethereum (ETH) to it. Unfortunately A scammer generated an address with the same starting and ending letters and transferred 0 $ETH to him, so the transfer appears in his transaction history. This trick works because many wallet apps only show the first and last parts of an address, hiding the middle part.
continue reading....
