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Given scammers’ high interest in Tether (USDT), it is not surprising that our team dedicates our days to assisting individuals in combating these fraudulent activities.


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Our security teams have recently discovered ongoing fraudulent activities within mining pool scams that specifically target users of self-custody wallets. These scams primarily exploit malicious smart contracts on the Ethereum network.

Through blockchain research on identified scammer wallets, Coinbase has estimated that these scams have resulted in the theft of more than $155 million worth of cryptocurrency assets from various non-custodial wallet applications. It is important to note that these scams target individuals utilizing decentralized wallet browsers such as Trust Wallet, Binance Wallet, Coinbase Wallet, MetaMask, and others.

The Adriannotch organization strongly advises individuals to prioritize their safety by refraining from participating in any mining pool platforms. These scammers often approach their victims through unsolicited messages, and they also exploit social media platforms such as Tinder, Facebook, Twitter, TikTok, and more.

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