An Unexpected Turn: Hacker Offers Partial Refund to Victim of $71 Million Crypto Loss
In the aftermath of one of the largest fraudulent link attacks in recent cryptocurrency history, a surprising development emerged.
The hacker behind the scheme refunded $14 million to the individual who lost 1155 #WBTC, valued at $71 million, after falling into the trap last Friday. The refund was made in 4676 #ETH installments.
The attack preyed on user negligence, where the victim intended to send 1155 WBTC to a self-created address. However, the hacker, closely monitoring the transaction, replicated a similar address with subtle variations at the beginning and end.
This tactic led the victim to mistakenly transfer all their WBTC to the fraudulent address, resulting in the staggering loss.
This incident underscores the growing sophistication of traps targeting unsuspecting users in the crypto realm. Vigilance, particularly in verifying address details, is crucial to thwarting such attacks.
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