CZ Proposes Defense Against Address Poisoning After $50M USDT Theft

CZ Proposes Defense Against Address Poisoning After $50M USDT Theft

First seen 25 Dec 2025, 21:04 UTC CointribuneCoinspeakerYellowCryptorank 34.1

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Changpeng Zhao, co-founder of Binance, proposed industry-wide defenses against address poisoning scams after a trader lost $50 million USDT due to a fraudulent address on December 20, 2025. Zhao's recommendations include automatic wallet checks, real-time blacklist sharing, and filtering of spam transactions to protect users from similar scams.