Recently there was a discussion on honeypot scams, where someone will drop a seed phrase seemingly containing erc20 tokens but no eth. But the moment you transfer in any eth, it will be pulled out by a bot making it impossible to transfer out the tokens.
I have figured out a way to drain these wallets provided they hold bluechip erc20 tokens (usdc,usdt,dai etc) and put an end to this nonsense after all. I intend to publish the approach and make the tool public, so that anyone can call these scammers out whenever they want. However, I need to test more and make it robust.
So if you were ever contacted by a scammer and were dropped some honeypot seeds, ever lost money to these schemes, you can help to eradicate these scammers once and for all. And if you still have these seeds with you, you can dm me and that would be very helpful in developing this tool.
submitted by /u/wot_dat_96
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