Today I want to remind you about an old scam implementation which is called a scavenging. Just remember as a golden rule — the 12-word or private key scam is a pretty common one on TG and if anyone giving you their private key/seed — they are trying to scam you!
Any funds you transfer in to facilitate the swap will be immediately drained via contract before you can make a tx with it. One of the wallets (2nd wallet) receiving those scammed ethers is doing quite well. Another wallet — here, one of the oldest scammers. Still active.
Usually such attacks happen on side-chains (majority on BSC) and blockchains with poor MEV, so using whitehat.flashbots.net or private pool won’t help. If they target specific project they use it’s governance tokens, if no then just use blacklisted USDT ETH Mainnet addresses or just honeypot tokens.
In short, it targets human greed. There was also this type of attack mixed with more brutal social engineering which targets human anger.
Stay safe! Now you know what to show to the next “coinbase/metamask support” message you randomly get from a scammer-impersonator asking for your seed phase 🙂
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