A user on X claims that a service known as "Muteswap" orchestrated a sophisticated theft by manipulating deposit addresses during high-value transactions, resulting in the loss of a five-figure sum. The victim asserts that the platform allowed smaller, successful transactions to establish trust before executing a scam on larger deposits, where they allegedly altered the destination address after a time-sensitive window closed. By claiming the funds were sent to the wrong location, the service reportedly disavowed the transaction entirely. This incident serves as a stark warning to the crypto community regarding the severe risks associated with using non-custodial exchange services.
Name Mute Swap
Website muteswap.com
Video youtube.com/watch?v=TTgXmwVblO8
Source Link:
Avoid using Muteswap. Always verify the reputation of any swapping platform through trusted community forums before engaging in transactions, especially when dealing with large sums. If a platform’s address behavior seems inconsistent or if a support team denies receiving funds that you have verified on-chain, stop interacting with the site immediately.
Best regards,
— Trêvoid
Name Mute Swap
Website muteswap.com
Video youtube.com/watch?v=TTgXmwVblO8
Source Link:
Avoid using Muteswap. Always verify the reputation of any swapping platform through trusted community forums before engaging in transactions, especially when dealing with large sums. If a platform’s address behavior seems inconsistent or if a support team denies receiving funds that you have verified on-chain, stop interacting with the site immediately.
Best regards,
— Trêvoid