According to @AltcoinGordon, a trader lost over $600,000 in USDC by accidentally sending funds to a wallet address compromised through address poisoning. This incident highlights the increasing risk of address poisoning attacks in the cryptocurrency market, where attackers create lookalike addresses to trick users into sending funds to the wrong destination. Traders are urged to double-check wallet addresses before transferring large amounts of stablecoins or other cryptocurrencies. As USDC is widely used for trading and DeFi, such security breaches can impact market confidence and liquidity. Source: @AltcoinGordon on Twitter, May 10, 2025.