Scammers Use Fake USDT Tokens to Steal From Venezuelan Merchants

Scammers in Venezuela are sending fake USDT tokens with zero value to merchants using self-custody wallets, exploiting the country's high USDT adoption. The fraudulent payments target businesses that accept the stablecoin, risking significant financial losses. Threat actors are leveraging the widespread use of USDT in the region to deceive unsuspecting merchants.