Changpeng Zhao warned about a new scam that took place, which could have created a loss of $20 million.
Zhao mentioned that the scammers were able to generate addresses with the same starting and ending letters of the wallet address.
It was noticed that the reason why users would fall for these scams is because they would ignore checking the middle part of the wallet address.
After another close-call incident, it has been observed that bad actors, once again, found a new way to scam users. After arriving at the crime scene, the CEO of Binance Changpeng Zhao swiftly rushed to Twitter and warned the crypto community yesterday about one such scam, which could have created a loss of $20 million.
However, in this phishing attack scenario, it was reported that the operator, luckily, managed to notice the error and make the right decision before the funds could have been lost.
I want to share this (luckily) unsuccessful, but very clever and close scam incident from yesterday . Saved $20m. Hope it may also save you one day.The scammers are so good now they generate addresses with the same starting and ending letters, which is what most people check… https://t.…
The post Scammer Alert: New Sneak Attack Could Be Waiting In Your Wallet Address appeared first on Coin Edition.
The post Scammer Alert: New Sneak Attack Could Be Waiting In Your Wallet Address appeared first on Coin Edition.
