How does crypto get stolen? Part 3

We hope you’ve read Part 1 and Part 2 because today is the third-most popular method scammers use to steal your coins.

Spamming from a similar crypto address.

Scammers find a victim with a similar address and start spamming them with transfers with a small amount of cryptocurrency—e.g., 0.01 USDT.

The victim usually does not pay attention to such transfers, but when they make transactions afterward, they can mistakenly copy the fraudster’s wallet address from the list of old transactions into the recipient’s string. The error is only 1 or 2 changed characters in the address, but once you send your crypto, your coins disappear forever.

How to protect yourself: Carefully check the recipient’s address each time before sending cryptocurrency.

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