Address Poisoning Scam: TON Whale Loses $220K, Scammer Returns Most

A TON blockchain whale sent $220K to a scammer by mistake. The scammer kept $17K and returned the rest with an apology note.

A TON blockchain whale recently fell victim to an address poisoning scam.

The incident cost him $220,000 worth of TON tokens. He sent the funds to the wrong wallet by mistake. 

The scammer, however, did something few expected: he sent most of the money back. The unusual move has since sparked wide conversation across crypto communities online.

How the TON Blockchain Scam Unfolded

According to a post by crypto user Adam Muhammad Mukhtar on X, the scammer had set up a wallet with an address that looked almost identical to one the whale already knew. 

The scammer had previously sent a small token amount to the whale’s transaction history. This made the fake address appear familiar and trustworthy in the history log.

When the whale went to send funds, he copied what he thought was the right address.

He only glanced at the first and last few characters. That quick check cost him dearly. He sent 126,000 TON, worth roughly $220,000 USDT, straight to the scammer’s wallet.

The tactic is known as address poisoning. It works by planting a similar-looking address in a user’s transaction history. Victims copy it without checking the full string. The scammer counts on that careless habit to intercept large transfers.

Scammer Returns $203K but Keeps $17K as “Compensation”

Once the scammer received the funds, he did not disappear. He sent back 116,000 TON, worth about $203,000 USDT. He kept 10,000 TON, roughly $17,000 USDT, for himself.

What made the story even more surprising was the message the scammer attached to the return transaction. Per Mukhtar’s post, the scammer wrote: 

“Sorry, the money is too much. I know it’s your hard-earned funds.” 

The scammer essentially self-appointed a $17,000 fee for returning stolen funds. 

Some have called it calculated. Others have called it audacious. Either way, the partial return is rare in crypto fraud. Most victims never see their funds again after falling for address poisoning attacks.

Related Reading: Crypto Scam Mastermind Gets 20 Years After $73M Global Fraud

Address Poisoning Scams Are Rising Fast in Crypto

This incident is far from isolated. Address poisoning attacks have grown into a serious threat across the crypto industry. 

According to blockchain analytics firm Chainalysis, these scams led to over $400 million in losses in 2025 alone. The numbers show just how effective and widespread this tactic has become.

The method is simple but devastating. Scammers send tiny amounts from a wallet with a nearly identical address. The victim copies it from their history during their next transaction. By the time they notice the error, the funds are gone.

Mukhtar’s post urging users to verify wallet addresses fully before sending has gained significant attention. 

The story serves as a sharp reminder of the risks tied to moving large sums without careful checks. In crypto, a two-second shortcut can cost hundreds of thousands of dollars.

The post Address Poisoning Scam: TON Whale Loses $220K, Scammer Returns Most appeared first on Live Bitcoin News.