(1/2) $1.5 Million USD Address Poisoning and $ARB Cryptocurrency Airdrop Phishing Scam

1 year ago
2

This video discusses a recent crypto scam in which a scammer made off with $1.5M worth of ARB tokens using an "Address Poisoning" attack. The video explains that "Address Poisoning" is when attackers poison the address list of users' wallets by sending arbitrary transactions from addresses that closely resemble those with which the user has already interacted. The scammer used a phishing attack through a malicious smart contract and address poisoning to scam over 600 wallets for over 930,000 ARB tokens.

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