The scam starts with a small payment of USDT to the user.
According to a social media post by blockchain analysis firm Bitrace, scanning the wrong QR code could drain your wallet.
Bitrace is warning of a new type of crypto scam “where theft is carried out through a payment QR code transfer test, essentially deceiving users into authorizing wallets.”
According to Bitrace, the scam follows a specific pattern. First, the scammer proposes that the user swap tokens over-the-counter — through a wallet-to-wallet transfer rather than an exchange — and offers an exchange rate that beats the market.
