🚨 Alert: Safe Wallet Users Targeted in $2M Scam

🔍 In the past week, a notorious crypto scammer specializing in "address poisoning" has escalated attacks on Safe Wallet users, siphoning over $2 million. Here's what you need to know:

📉 Recent Surge in Attacks:

The Web3 scam detection platform, Scam Sniffer, reported that in the last week alone, approximately ten Safe Wallet users fell victim to address poisoning attacks, resulting in losses totaling $2.05 million since November 26. Shockingly, this brings the total count of victims to 21, with the attacker having stolen at least $5 million over the past four months.

🎯 Address Poisoning Tactics:

Address poisoning involves creating a deceptively similar address to the victim's regular transaction destination. By mirroring the initial and final characters, the attacker tricks victims into sending funds to the wrong address. The hacker then "poisons" the victim's transaction history by sending a small amount of crypto from the fraudulent address.

💼 High-Stakes Heist:

One victim, who held $10 million in crypto within a Safe Wallet, reportedly lost $400,000 to the scammer. The attacker's audacity and persistence underscore the urgency of heightened user awareness.

🌐 Modus Operandi Across Platforms:

This attacker isn't exclusive to Safe Wallet; a similar attack occurred on November 30, resulting in a $1.45 million loss for real-world asset lending protocol Florence Finance. The consistency in tactics, with both poison and real addresses beginning and ending similarly, suggests a calculated strategy.

🔗 Stay Informed, Stay Safe:

To protect your assets, stay informed about the latest threats. Reach out to Safe Wallet for any updates on the ongoing situation.

📢 For continuous updates on crypto security, follow The Blockopedia. Knowledge is your best defense! 🛡️

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