User Loses Nearly 50M USDT Due to Malicious Address 'Poisoning'

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A user lost nearly 50M USDT after a malicious address 'poisoning' attack, as reported by HashNews. The user first sent a small test transaction to the correct address, but minutes later, funds were redirected to a malicious address with similar characters. The user’s address was 0xcB80784ef74C98A89b6Ab8D96ebE890859600819, the malicious one was 0xBaFF2F13638C04B10F8119760B2D2aE86b08f8b5, and the intended address was 0xbaf4b1aF7E3B560d937DA0458514552B6495F8b5. Transaction volume on the network spiked during the incident. Altcoins to watch may see volatility as security concerns rise.
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