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Encountering such an outrageous incident as early as 2025—50 million USDT stolen by phishing, and the victim turned out to be an institutional Address. To be honest, I once thought such low-level tactics had long been eliminated, but I didn't expect to see it again.
What's even more outrageous is that when transferring such a large amount of funds, there should be a complete risk control system in place that includes multiple signatures, internal approvals, and whitelist confirmations, right? Yet it still went wrong, which shows how careless it must have been.
Rather than making sarcastic remarks, it's better to acknowledge that this lesson is indeed costly. I hope the funds can be recovered soon, which would also serve as a reminder to the industry—large address transfers really need to be checked multiple times; a moment of carelessness can lead to total loss. Additionally, I’m curious to know which institution or big player fell into this pit; that way, everyone has an understanding and can avoid similar risks in advance.