"MetaMask Phishing Scam" 64-year-old man in Taichung falls into zero U address poison trap, disbelief leads to own deception

A 64-year-old man surnamed Yeh in Taichung City was almost trapped by a "fox" scam with the guidance of a friend and became a victim of online fraud. MetaMask, commonly known as the "fox wallet," has recently become a tool used by scammers to deceive the middle-aged and elderly community, causing those unfamiliar with blockchain applications to fall into the zero-U address poisoning trap and zero-transfer attacks.

Unfamiliar with MetaMask Wallet, Falls into Scam Trap

According to reports, Mr. Ye began trading cryptocurrencies based on a friend's recommendation. He downloaded the widely used "Fox Wallet" MetaMask for cryptocurrency transactions but encountered a series of failed trades. After transferring over 100,000 yuan, Mr. Ye decided to follow his friend's advice and open an online banking account at a bank.

Bank Employees Alert and Report Suspicious Activity

During the process of applying for an online banking account, Mr. Ye initially claimed to invest in stocks, but the bank staff discovered he was using the "Fox Wallet" MetaMask.

The bank employees noticed that the "Fox Wallet" MetaMask application used by Mr. Ye was displaying abnormal flashing, suspecting that he had been targeted by scammers. As a result, they promptly notified the authorities.

Officers Peng Wenjun and Wu Junhao from the Third Police Precinct rushed to the scene upon receiving the report. Despite Mr. Ye's initial insistence that he would not be deceived, further police investigation revealed that he may have fallen into a scam trap.

Novice Falls into Zero U Address Poisoning Trap with Zero Transfer Attack

Although "Fox Wallet" MetaMask is a commonly used encrypted wallet for cryptocurrency trading, recent reports indicate that criminals have created fake transaction addresses through technology to transfer funds to the scammers' accounts, known as the Zero U Address Poisoning, or Zero Transfer Attack.

Even law enforcement agencies can be deceived? The US Drug Enforcement Administration fell victim to a "Zero Transfer Attack," with 50,000 USDT transferred to a fraudulent address.

What is a Zero Transfer Attack: Cryptocurrency wallet addresses should not be judged solely by their appearance, Zhao Changpeng CZ warns: Binance nearly lost $20 million to fraud.

Prevention is Better than Cure: Avoid Greed for High Returns

Authorities remind the public to remain vigilant in the face of seemingly lucrative investment opportunities. All investments carry risks, especially in the emerging and volatile field of cryptocurrencies. Before engaging in any transactions, careful evaluation and research should be conducted, and professional advice should be sought when necessary. If in doubt, assistance can be sought by calling the Anti-Fraud Hotline at "165."

Ministry of the Interior, National Police Agency 165 Anti-Fraud Network:
https://165.npa.gov.tw/

Facebook Page "165 Anti-Scam Promotion":
https://www.facebook.com/165bear/