Watch Out for Multisig Address Fraud
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A new type of fraud has become widespread in the summer of 2022. The scammer, under the guise of a beginner in cryptocurrency, asks for help from users.
The scammer explains that he has the wrapped currency stuck in his wallet, and the native currency is not enough to complete the transaction.
This address is Multisig Wallet. This is an address that is under the control of two or more users. This address cannot transact without the consent of any other owner of this address.
To summarize, we can say that the user simply gives all the funds that were received at this address to scammers. And, of course, it is not possible to withdraw USDT from this address without the consent of other persons who have control over this address.