On May 3, an unknown trader fell victim to an address-poisoning scam, losing $68 million worth of Wrapped Bitcoin (WBTC) in a single transaction. Security firm Cyvers reported that the victim's wallet was drained of over 97% of its assets, leaving them with just $13.56 worth of ETH. Address poisoning, or address spoofing, exploits a trader's haste and negligence during transactions by tricking them into sending digital assets to fraudulent addresses belonging to scammers. This incident underscores the importance of vigilance and verifying transaction details to avoid falling prey to such scams in the cryptocurrency space.