Scam Alert: New Way of Stealing Coins Through Airdrops Emerges

Nov 20,2022
Scam Alert: New Way of Stealing Coins Through Airdrops Emerges

Blockchain security enterprise SlowMist released a new method to steal user funds through different types of airdrop material fraud.

According to an online article, several users reported that his property had been stolen, but it was gradually uncertain how they all disappeared. This is mainly because this kind of deception is inconspicuous. Through careful study, I found that this kind of property was reduced due to the fraud of this new type of airdropped materials.

Its working mode is like this: several victims' addresses have been airdropped several times, and the amount is insignificant (0.01 USDT, 0.001 USDT, etc.). They will become the overall target very much, and their addresses often involve high value-added transactions and trading volumes.

In this case, the last few data of the network attack address are basically the same as the user address. This is to cheat the user to copy the wrong address from the transaction history by mistake, and the funds will be sent to the wrong address.

Address needs to be rechecked

After that, data encryption users are urged to carefully address before continuing. It also encourages users to use the address book function in the wallet to prevent each copy of the address.

Recently, many error transmissions caused by copy errors have been reported. Three million JUNO tokens were revoked a few months ago because they were sent to an inappropriate address and no one could view them.

Developers mistakenly copied the transaction hash - similar to a wallet address - rather than the address itself. Optimism, a special tool for ether coin expansion, also reported that OP remediation tokens lost $15 million in June. Since Wintermute Bar brought the wrong blockchain technical address to Optimism's elite team, the funds fell into the wrong hands.

Considering the stability of blockchain applications and the reversibility of control on the chain, once the transaction runs, it is difficult to revoke or reverse, so users should take preventive measures to prevent sending funds to the wrong address.