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UltimApe@ultimape• almost 3 years ago

Someone figured out you can spoof sending USDC coin for $0 (and cost of some some txn fees). It makes it look like you sent money to an address.If your software presents it as your own (@Trezor, fix this) and you go back to copy the address absentmindedly...

6 0
12/1/2022
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UltimApe@ultimape• almost 3 years ago
Replying to @ultimape

You can see the signature of this here. They're also targeting USDT. https://t.co/n1JpCSCsc6

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12/1/2022
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UltimApe@ultimape• almost 3 years ago
Replying to @ultimape

It appears that by sending $0, the transaction still gets picked up and reported as coming from your address even tho progenitor of txn doesn't actually have your private keys.You only lose money if you fall for spoof & copy the transaction absent mindedly. It's very creative. https://t.co/QgsvGTyjy2

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3 0
12/1/2022
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UltimApe@ultimape• almost 3 years ago
Replying to @ultimape

Has anyone seen this attack before?It's playing of off behavioral norms people adopt to ensure they don't fat-finger an address and send tokens to the void.

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12/1/2022
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UltimApe@ultimape• almost 3 years ago
Replying to @ultimape

It's a game off odds. If they send enough $0 txns, they'll inevitably find one or two people who are doing that copy/paste behavior. Only takes one moment to not in a sound state of mind (rushed? stressed? ingrained habit?), and then you get pwned.

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12/1/2022
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UltimApe@ultimape• almost 3 years ago
Replying to @ultimape

Weaponizing spam transactions is at least creative. I'll give them that.https://t.co/qqOXghgyyH

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UltimApe@ultimape• almost 10 years ago

There is a notion that bitcoin's network is spam-proof b/c of monetary cost of transactions.Funny: we see paid ads online all the time!

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2 0
12/1/2022
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UltimApe@ultimape• almost 3 years ago
Replying to @ultimape

Presumably this scam/trap is automated somehow.If someone has some time on their hands, maybe the scammer could be tracked down? Or at least mapping the txns to see how many people have got swindled so far. https://t.co/4z8AybGshg

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UltimApe@ultimape• about 3 years ago

Has anyone managed to use techniques like this https://t.co/g5oVWeT22k to deanonymize and filter for investment scam / pyramid scheme rings yet?

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2 0
12/1/2022
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UltimApe@ultimape• almost 3 years ago
Replying to @ultimape

Looks like this problem also impacts @Ledgerhttps://t.co/wVdt995SO3

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12/1/2022
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UltimApe@ultimape• almost 3 years ago
Replying to @ultimape

Also seems to be targeting multiple networks that support USDT/USDC, not just Ethereum.Presumably any contract that allows a foreign address to "transfer" $0 would allow this to occur.https://t.co/GqC6CtQsz6

4 0
12/1/2022
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UltimApe@ultimape• over 2 years ago
Replying to @ultimape

I just saw that @trezor fixed this by blurring the transaction out and putting a notice. Seems like a good way to approach this.https://t.co/UX1COXebow

2 0
3/11/2023