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The world of cryptocurrency is increasingly plagued by scams targeting participants. Recently, a common tactic has emerged in YouTube comments featuring messages about possessing “Tether” (USDT) and asking how to transfer funds to another wallet. Such messages are designed to lure victims into purchasing “Tron” (TRX) and transferring these assets elsewhere.

Details of the Deception

According to Kaspersky, a cybersecurity company based in Russia, this scam method is cleverly designed. The messages explicitly share recovery phrases, prompting some readers to use them in attempts to access their wallets. However, while USDT may be present, TRX is typically missing. To transfer USDT, a small amount of TRX must be sent first.