SlowMist uncovers crypto scam exploiting altered Ethereum nodes

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SlowMist uncovers a new crypto scam that leverages altered Ethereum nodes via RPC for offline transactions. Users must remain vigilant against deceptive tactics.

The SlowMist security team has uncovered a novel cryptocurrency scam that exploits altered Ethereum nodes' remote procedure call function. This type of fraud commonly targets physical offline transactions, employing Tether .

Analysis of a victim’s wallet address shows that the victim’s address received a small amount of 1 USDT and 0.002 ETH from another address Source:However, upon attempting to transfer out the miner’s fees to cash out the USDT, they realize they have been deceived. By this point, the scammer has disappeared without a trace.

SlowMist Technology’s report stated that this type of scam exploits users’ trust and negligence, resulting in asset losses. The SlowMist security team reminds users to remain vigilant when trading and avoid using untrusted RPC nodes.

 

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