A crypto trader recently suffered a significant loss of $2.5 million due to a sophisticated address poisoning scam. This incident highlights the growing threat of phishing attacks and their potential for exploiting users’ transaction history vulnerabilities. 2023 saw another high-profile attack, where a scammer stole $20 million worth of USDT. 24/7 blockchain security firms like Scam Sniffer have reported this event and noted its similarity to earlier attacks on the crypto community. The details surrounding the incident remain unclear, but it is believed that scammers tricked the trader into transferring funds to their own address. The primary impact centered around the use of USDT stablecoins due to confusion between genuine and fake wallet addresses.