Crypto user loses $50 million in 'address poisoning' scam

A cryptocurrency user has fallen victim to a sophisticated scam known as "address poisoning," resulting in a staggering loss of $50 million. This fraudulent scheme involves malicious actors manipulating wallet addresses to deceive unsuspecting individuals into sending their digital assets to the wrong destination. As a consequence, the victim's substantial investment has been irretrievably lost, highlighting the ever-present risks and vulnerabilities that exist within the cryptocurrency space. source: https://www.coindesk.com/web3/2025/12/20/crypto-user-loses-usd50-million-in-address-poisoning-scam