Victim of $71 million ‘address poisoning’ attack recovers funds following negotiations | Headlines | News | CoinMarketCap
05/11/2024 21:57
Somewhere in the world, a whale is thanking their lucky stars it wasn't Lazarus. The victim of last week's 'address poisoning' attack, who was …
Somewhere in the world, a whale is thanking their lucky stars it wasn't Lazarus. The victim of last week's 'address poisoning' attack, who was seemingly tricked into sending wrapped Bitcoin tokens (WBTC) worth $71 million to an attacker who mimicked their address for that purpose, has recovered almost all available funds, blockchain data shows.
In an 'address poisoning' or 'dusting' attack, an attacker will spam the wallet of a high net worth individual with transactions from a wallet that closely mimics the victim's address. If the victim should carelessly copy and paste a wallet address from a spam transaction, one wrong transaction could see them sending millions right into an attacker's hands, as seemingly happened here.
While the value in U.S. dollars of the recovered …