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Address poisoning attacks hit Safe Wallet users, losses exceed $5m

Dozens of Safe Wallet users have lost millions worth of crypto due to a recent wave of address poisoning attacks. In an X post on Sunday, Dec. 3, 2023 analysts at Scam Sniffer said that an unknown scammer stole more than $2 million worth of crypto from 10 Safe Wallet-based entities in just one week using the so-called “address poisoning ” attack , a scam where bad actors are spamming the transaction history page with similar operations a bid to trick victims into sending funds to the scammer’s address. about ~10 Safe wallets have lost $2.05 million to "address poisoning" attacks in the past week. the same attacker has stolen $5 million from ~21 victims in the past four months so far. pic.twitter.com/fu4kxaI3py — Scam Sniffer | Web3 Anti-Scam (@realScamSniffer) December 3, 2023 As per Scam Sniffer, the same attacker has succeeded in their efforts, stealing a total of $5 million worth of crypto from 21 victims in the past four months. As of press ti...