Despite hacks and scams regularly hogging the spotlight for the bigger part of 2022, overzealous fraudsters came up with a new method to steal money from crypto wallets. Address poisoning is a new phishing attack that involves changing the Secret Recovery Phrase, then modifying the transaction history. The main difference between address poisoning and the usual scamming technique is that address poisoning heavily relies on the user’s carelessness.
They use an address with the same first & last few characters as the real transaction you sent; in hopes you will not check the full address, and instead copy theirs in a future txn. (2/3) – More detail here: https://t.co/xGxNgRX4WM)
— MetaMask Support (@MetaMaskSupport) January 11, 2023
How Address Poisoning Works
The leading DeFi crypto wallet provider MetaMask penned a long blog post warning crypto enthusiasts around the globe to double-check the crypto wallet addresses and spread the word about address poison
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