Address Poisoning Scams Waste $1.6M for One Week; FBI Dey Warn
Crypto users don lose over $1.6M inside one week because of address poisoning scam, pass the $1.2M wey dem lose for March. Scammers dey put small transactions from addresses wey resemble original ones enter wallets, make victims copy bad addresses come send their money go scammer dem. Big money wey loss include 140 ETH (~$636,500) and $880,000, plus extra $80,000 and $62,000 wey dem con take. At the same time, signature request scams make over $600,000, including $165,000 inside BLOCK and DOLO tokens. Security companies ScamSniffer and Web3 Antivirus talk say dis wahala na because transaction history poisoning and address poisoning tactics. Experts advise make people use address books, whitelists, and check full wallet address before transfer money. FBI for US don warn about fake "crypto recovery law firms" wey dey ask for crypto payment wey you no ask for. Meanwhile, crypto crime reach $2.5B for first half of 2025, as US Treasury add confiscated digital assets to national stockpile for victim compensation. Traders suppose tighten security and dey more careful.
Bearish
Dis news dey highlight say address poisoning and signature request scams don increase wey dey target Ethereum users, wey don cause plenty ETH to flow out and e don shake confidence well. For short term, fear for security fit reduce trading volume and e fit stop price movement for ETH as traders dey rethink risk. For long term, if dis kain fraud no stop, e fit weigh down market feeling unless dem put stronger security protocols and regulation. The kain scam wey happen before don cause quick sell-offs and volatility, showing say price for ETH fit go down until dem fit restore trust.