Pauly0x, the founder of cryptocurrency $PEPE, recently lost nearly $70 million due to an address poisoning scam. This type of cyber attack involves tricking the victim into sending funds to a fraudulent address. He became a victim of wallet address poisoning and sent $70 million to a wrong address. The loss has sparked discussions on the security of digital wallets and the need for enhanced protective measures in the cryptocurrency industry.
I'm the mastermind behind the address poisoning hack that stole $70 million from @Pauly0x and ultimately killed him. AMA
Is $PEPE ready to take over $DOGE ‘s spot? https://t.co/fDUFz4sGmO
A cryptocurrency trader reportedly lost tens of millions of dollars in a so-called "address-poisoning" scam. https://t.co/eEf4a2GK4C