Zero switch scammer steals $20M USDT, will get blacklisted by Tether

A scammer utilizing zero switch phishing assault managed to steal $20 million value of (USDT) on Aug. 1 earlier than getting blacklisted by the stablecoin’s issuer Tether.

In keeping with an replace from on-chain analytic agency PeckShield, A zero switch scammer grabbed 20 million USDT from the sufferer deal with 0x4071…9Cbc. The supposed deal with that the sufferer deliberate to ship cash to was 0xa7B4BAC8f0f9692e56750aEFB5f6cB5516E90570; nonetheless, it was despatched to a phishing deal with as an alternative: 0xa7Bf48749D2E4aA29e3209879956b9bAa9E90570.

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