DEA Loses $55K in Address Poisoning Scam!

The post DEA Loses $55K in Address Poisoning Scam! appeared first on Coinpedia Fintech News

In a major setback, the U.S. Drug Enforcement Administration (DEA) fell prey to an address poisoning scam, losing $55,000 in funds. The agency had received crypto-assets confiscated during an investigation. The funds were placed in DEA-controlled Trezor crypto wallets and were reportedly stored securely. To verify the legitimacy of the funds, the DEA sent a test amount of $45 worth of USDT to the U.S. Marshals Service, as part of standard forfeiture processing, only to realize that the address had been compromised. Investigations are underway to identify the perpetrators involved in the scam.