Once I was sending crypto to my own wallet.
I always do a test transaction first — you know, like $10, and then send the rest afterward.
It’s crypto, after all — no customer support or anything like that.
So I transferred $10 to myself.
Suddenly, I started receiving a bunch of $0.01 transactions from a wallet that looked almost identical to mine — out of 42 characters, only a couple were different.
What was the scammers’ plan?
They were counting on you accidentally selecting the last transaction, right?
But the scammers didn’t realize they’d run into an idiot like me.
They accidentally sent me their multi-address and even a link to the contract.
It worked a bit clumsily, but the idea was: I send them the token, and they cover the fee so it all looks clean — as if you’re really sending it to yourself.
The fee was around a real $0.001.
Overall, their plan is actually pretty smart. If you mess up and pick the last transfer by mistake, you could theoretically send them a huge amount of your money by accident.
BUT!
I created my own token in literally a couple of minutes and minted 210 trillion coins of it.
Then I started spamming their multi-address with massive amounts of these tokens. Lol, I can print as many as I want.
For every transaction,
they had to pay the $0.01 fee.
I basically DDoSed them with transactions that were completely free for me.
(Basically, I was paying the commission/fees using the tokens I created myself.)
I’m not entirely sure, but by my calculations — while drinking beer and having fun — I burned them over 10 000$
(I stopped doing it when they no longer had anything left to pay the transaction fees.)
Their plan was quite clever, but they didn’t account for that 0.1% chance…!
Most likely, it worked out for me because the code and the contract were probably written for them by AI, or something like that, lol.
A normal person wouldn’t have made such an obvious mistake in the code.
On the other hand... They’re scammers...