Then they did it again—this time sending $1.7 million to the same scammer. It’s a costly reminder that even small slips can erase fortunes.
According to on-chain records, the victim first moved $838,611 in USDT to the right address (0x4668D1Fe87444a4d750…). A moment later, they clicked the wrong entry in their transaction history.
That misstep cost them 843,166 USDT at current prices. They tried once more. And again the funds went to the scammer’s account—and another $1.7 million vanished.
When users scroll back through past transactions, they can’t tell the real address from the bogus one. Copy. Paste. Gone. In this case, the attack address (0x4668EE748c88DA4FEc…) looked almost identical to the real one. And it showed zero balance, adding to the confusion.
April losses: $5.29M | 7,565 victims VS March: -17% in losses | +26% in victims
April’s second-largest attack saw one user lose $700,000 after copying the wrong address. Another person sent $150,000 by mistake. And wallet 0xEFc4f1d5 alone lost over $467,000 in a similar copy-paste trap.
The scammers guided victims to approve a batch of hidden token transfers through a delegated MetaMask setup. One click opened the door for a silent “execute” command that drained the wallets in seconds.
Crypto markets are near $3.5 trillion in total value. Bitcoin hit a fresh all-time high of $111,900 on May 22. Traders are chasing big gains. That rush makes urgent moves, and urgent moves invite mistakes.
Featured image from Unsplash, chart from TradingView
