#ScamRickWarning
#Whale got trapped and lost $68.5 M.
Massive whale 0x1e2 lost all 1,155 WBTC ($68.5M) to scammer 0xd9a due to a phishing attack:
transaction: 0x3374abc5a9c766ba709651399b6e6162de97ca986abc23f423a9d893c8f5f570
victim's address: 0x1e227979f0b5bc691a70deaed2e0f39a6f538fd5
scammer's address: 0xd9a1c3788d81257612e2581a6ea0ada244853a91
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1. How did it happen?
Whale 0x1e2 created a new address "0xd9A1b0B1...cB2853a91" and transferred 0.05 ETH to this new address.
The scammer generated an address with the same starting and ending letters and transferred 0 ETH to the whale to record the transfer in the whale's transaction history.
While transferring WBTC to the new address, the whale mistakenly copied the address generated by the scammer, now that the 2 addresses have the starting and ending letters, and then lost all 1,155 WBTC ($68.5M) to the scammer.
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2. What did the scammer do next?
After successfully phishing a giant whale, the scammer distributed all 1,155 WBTC to various new wallets and started to sell the tokens for ETH.
The scammer finished selling all 1,155 WBTC for 22,956 ETH at respective average prices of $60,812 and $3,061 around 5 hours after the attack.
The scammer currently still holds all the ETH tokens across 10 wallets.
Safety Measures You Must Take :-
1. Don’t make larger transactions at once.
2. Break your large transactions in portions.
3. Once going for larger transactions thoroughly check recipient address.
4. First make smaller transactions into Recipient’s address and counter check it.
5. Make use of Cold Wallets.
