Dec 23, 2024 · A seed phrase is a randomly generated unique sequence of dictionary words that together form a phrase needed to recover access to a cryptowallet. When someone shares their seed phrase — essentially the key to their wallet — it looks extremely suspicious.

Dec 27, 2024 · Scammers are leaving comments containing a suspicious seed phrase – “Alarm fetch churn bridge exercise tape speak race clerk couch crater letter” – and claiming it unlocks a crypto wallet with funds. If victims try using this seed phrase, they will see funds in the wallet, but be unable to withdraw them.

Jan 3, 2025 · The USDT wallet is a multi-signature wallet, meaning that outgoing transactions require approval from two or more participants. The scammer effectively locks the funds, ensuring that any TRX deposited is instantly rerouted.

Dec 29, 2024 · The scheme begins with a comment under a finance-related video from someone claiming to need help transferring USDT, a stablecoin, to another wallet. They reveal their full seed phrase, essentially sharing the key to their wallet, which seems suspicious at first glance.

Restore HD wallet's mnemonic into private keys. Mnemonic is also known as seed passphrase, backup passphrase or recovery passphrase and usually contains 12 words or 24 words. Can be used to quickly check the balance of Defi wallets such as TrustWallet, Metamask.

Jan 16, 2025 · Crypto “seed phrase” scams involve scammers posting their wallet’s “seed phrase” (essentially a password) and feigning cluelessness to lure you in. If you engage, they may exploit you into depositing funds, which they’ll steal.

Dec 24, 2024 · White-hat hackers are reportedly utilizing a new trick nowadays where they fool unsuspecting crypto thieves and scammers by sharing certain seed phrases to online wallets.

Dec 24, 2024 · These comments include seed phrases to a bait wallet containing $8,000 in USDT on the Tron network. The catch? To access the funds, an opportunist must first deposit a small amount of TRON (TRX), the network’s native token, to cover transaction fees.

Dec 24, 2024 · Scammers are pretending to be inexperienced crypto users, posting the seed phrase of a wallet supposedly filled with funds online. The scheme is a trap: when others try to access the wallet to...

Dec 23, 2024 · A seed phrase is a randomly generated unique sequence of dictionary words that together form a phrase needed to recover access to a cryptowallet. When someone shares their seed phrase — essentially the key to their wallet — it looks extremely suspicious.