A victim initially involved in a $70 million ‘address poisoning’ scam is in the process of getting refunded. A significant portion of the funds (14,500 ETH) has already been sent back to the victim’s Ethereum address. Nearly a week after the original loss of 1155 WBTC, transactions ranging from 25 ETH to 50 ETH started to come in from multiple addresses where the stolen funds had been dispersed. Scammers use address poisoning to deceive crypto users into transferring funds to a similar-looking address. By creating thousands of addresses and sending small transactions from one that closely resembles the victim's address, they mess up the victim's transfer history before awaiting an error. Once the victim mistakenly sends money to a scammer, the attack succeeds. After falling for the trap, the victim messaged the scammer through Ethereum’s input data messaging system to possibly negotiate a return. So far, over half of the stolen funds have been successfully returned in more than 200 transactions upon the victim's confirmation of receiving the initial amount.
Refund of $70M 'address poisoning' scam ongoing with over 50% returned

by Giorgi Kostiuk
2 years ago
Made with AI
Tier I
Sector: #18291
Sealed Hiding Place Room

Resource Cache
Tier I

Meme Cache
Tier I

Equipment Cache
Tier I
After collecting, hiding places will be stored in your inventory and can be opened with Keys.
Tier I
Sector: #18291
25%
50%
75%
100%
Survivors rescued:
0 / 600
Survivors
0/0
Other news
OCC Releases New Guidelines for AI in Banking
The US Office of the Comptroller of the Currency (OCC) has released its first supervisory framework for artificial intelligence in banking, focusing on the implications of AI mistakes rather than its capabilities.

Trump Media Technology Group Shares Experience Significant Decline
Shares of Trump Media Technology Group plunged 14.29% to $5.10, extending a decline that had been ongoing prior to the midterm elections.

Technology Stocks Show Mixed Results After US Midterm Elections
Technology stocks showed mixed results after the US midterm elections, with some companies gaining while others declined.

SEC Provides Regulatory Clarity for Canton Coin
The SEC classifies Canton Coin as a digital commodity, providing regulatory clarity for its issuance and distribution model.

Bitbase Launches ORIGIN Points Program to Reward User Engagement
Bitbase has launched the ORIGIN Points program to reward user engagement over 26 weeks, distributing 1,000,000 points weekly starting November 4, 2026.

Bitbase Launches ORIGIN Points Program to Reward User Participation
Bitbase has introduced ORIGIN, a new points program rewarding user participation over six months.

Be the first to know about crypto news every day
Get crypto analysis, news and updates right to your inbox! Sign up here so you don’t miss a single newsletter




