A prolific crypto thief deploying an attack vector known as “address poisoning” has siphoned over $2 million from Safe Wallet users in just the past week. The latest theft spree brings the overall tally to around $5 million stolen from 21 victims across the past four months, according to blockchain tracking firms.
Keypoints
- Scammer has stolen over $2 million from Safe Wallet users in past week via address poisoning
- Brings total estimated theft tally to $5 million drained from 21 victims across 4 months
- Attacker creates similar-looking wallet addresses to trick users into misdirecting funds
- Poisons transaction history by sending small amounts from fake address to target’s wallet
- Related attack saw $1.45 million stolen from Florence Finance protocol using same methods
How it Works
The cunning technique involves creating wallet addresses with similar starting and ending characters as a targeted user’s actual…
