A cryptocurrency trader reportedly lost tens of millions of dollars in a so-called "address poisoning" scam. Address poisoning scams are carried out by thieves who make spoof accounts of their victim's online crypto "address," which they use to send a small amount of currency to the victim in hopes that they will accidentally send money to the fake address later, according to Transak, a crypto trading platform. Because blockchains are public, it's easy for scammers to find people's crypto addresses and send out spoof transactions to phish for victims. CertiK, a blockchain security firm, confirmed it detected a transfer of $69.3 million worth of Bitcoin to an address "linked with address poisoning" in a post on X.