A crypto investor reportedly fell victim to a $50 million USDT scam, with funds sent to a poisoned address. The report attributes the transfer to Tornado Cash, a privacy mixer that has drawn scrutiny for potential misuse. CryptoPolitan describes the case as the attacker funnelled the proceeds through Tornado Cash after the initial transfer.
The episode underscores the risk of large stablecoin transactions being routed through privacy tools. Industry observers urge investors to implement stricter controls when handling large USDT transfers. Overall, the incident reinforces the importance of due diligence in crypto investments.
Leave a Reply