A user mistakenly transferred 499,000 $TUSD to Tether; now the tokens are lost๐๐
Apparently, the crypto user copied the wrong link and mistakenly sent half a million dollars to Tetherโs smart contract.
The individual is extremely lucky that Tether is a centralized platform, and heโll likely get his money back. If he had transferred, say, ETH to an Ethereum smart contract, it would have been
no laughing matter.
To avoid getting into such situations:
โช๏ธ Check every digit in the recipientโs address when sending large sums. Itโs worth doing this.
โช๏ธ If you are interacting with a certain wallet for the first time, send a minimum transactionโe.g., 1 USDTโfirst to make sure that everything works properly.
Donโt forget: Due to the decentralized nature of blockchains, if you send coins to the โwrongโ place, youโre unlikely to to get them back.
Stay vigilant!
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