Recent 1155 WBTC steal most likely was money laundering to avoid tax
The play was to pretend it was a phishing attack, and that the funds owner sent 1155 WBTC to the similar ending address. But it could be all the "play" was to pretend to be phished to avoid taxes, and after receiving the funds back as a present, that is tax free
The play was to pretend it was a phishing attack, and that the funds owner sent 1155 WBTC to the similar ending address. But it could be all the "play" was to pretend to be phished to avoid taxes, and after receiving the funds back as a present, that is tax free.
The scammer generated an address with the same starting and ending letters and transferred 0 ETH.
When the user wanted to transfer 1155 WBTC, he mistakenly transferred those to a scammer phishing address. After that scammer exchanged it for 22,960 ETH ($67.26M)
7 hours ago, the scammer had returned all 22,960 ETH ($67.26M).