Crypto scammers dealt a blow to the United States Drug Enforcement Administration – the agency tasked with enforcing the country’s drug laws – by making off with $55,000 in seized Tether (USDT) earlier this year.
This incident occurred due to an intricate scheme that serves as a reminder of the challenges law enforcement faces in the evolving landscape of digital fraud.
The scam unfolded when an observant on-chain character detected a transaction that would set the stage for the grand deception. Employing a tactic known as “address poisoning,” the scammer capitalized on the initial five and concluding four characters of the US Marshals Service’s account, mirroring them in a counterfeit crypto wallet.
The perpetrator then airdropped a token into the DEA’s wallet, making it appear as a legitimate transaction and ensnaring the agency in a trap of its own making.
Crypto Scammers Siphon DEA’s Seized Funds
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