LIVEA user mistakenly transferred 499,000 USDT to Tether; now the tokens are lost🙂🙂
Apparently, the crypto user copied the wrong link and mistakenly sent half a million dollars to Tether’s smart contract.
The individual is extremely lucky that Tether is a centralized platform, and he’ll likely get his money back. If he had transferred, say, $ETH to an Ethereum smart contract, it would have been no laughing matter.
To avoid getting into such situations:
▪️ Check every digit in the recipient’s address when sending large sums. It’s worth doing this.
▪️ If you are interacting with a certain wallet for the first time, send a minimum transaction—e.g., 1 USDT—first to make sure that everything works properly.
Don’t forget: Due to the decentralized nature of blockchains, if you send coins to the “wrong” place, you’re unlikely to to get them back.
Stay vigilant!
