Address Poisoning Scam Sends Nearly $50 Million in USDT to Fraudulent Wallet on 20 December 2025

On 20 December 2025, a crypto user mistakenly transferred nearly $50 million in USDT to a scam-controlled wallet by copying a spoofed address from their transaction history. Investigators describe this as an address poisoning attack, where the malicious address closely mimicked a legitimate one, leading the victim to send a successful test payment before moving the full amount. Analysts note that the incident is part of a wider rise in onchain losses and highlights how behavioral exploits can bypass technical safeguards.