Tres Finance technical lead Idan David said that the scammers create almost identical transactions in their target’s wallet address, in hopes that the user would copy and paste the wrong wallet.
). Once the scammers locked into their targets, they create similar-looking wallet addresses and create tokens that imitate the legitimate ones. David explained:
“So, they're creating a new token that has the same symbol as the original token, and they can create fictitious transactions with tokens that are not marked as scam assets by Etherscan.” The scammers then create a transaction that mimics legitimate transactions from the wallet address prefix to the number of tokens sent to the address. This makes it look like their target has been the one constantly sending transactions to the wallet address they planted. Through this, people who are using their transaction history to get wallet addresses are at risk of sending it to the scammers.Zackon warned businesses to not use explorers to track their finances.
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