A phishing attack drained $264,000 in Wrapped Bitcoin from a Phantom wallet user, highlighting the risks of address poisoning scams. Blockchain investigator ZachXBT warned that Phantom’s messenger feature presents a new security risk and urged interface upgrades to filter spam. Experts advise using a single trusted source for addresses and avoiding unsolicited tokens.
A crypto user lost $264,000 in Wrapped Bitcoin (WBTC) in a phishing attack targeting a Phantom wallet. This incident serves as a serious lesson on the dangers of address poisoning scams.
Address poisoning is a technique where fraudsters send small transactions, hoping victims copy the attacker’s address from their history. In this case, the scammer sent 3.5 WBTC from a “high balance” address identified on Nansen.
Blockchain investigator ZachXBT stated that Phantom Chat is a “new modus operandi for people to get drained.” He requested the company upgrade its user interface to filter spam transactions. Binance co-founder Changpeng Zhao has also urged for stronger wallet security measures.
Cybersecurity specialists stress that risk checking and transaction warnings are essential. Wallets like Rabby Wallet, Zengo Wallet, and Phantom Wallet offer preemptive detection mechanisms.
To stay safe, users should use a single source of truth for recipient addresses. They must also be cautious of unsolicited tokens or NFTs and avoid clicking on suspicious links promising free airdrops.
