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In 2024, a Texas-based pharmaceutical CEO tried to move some stablecoins to another user, but made a single-digit transcribing error—and misdirected his entire holdings, worth about $1 million.

Wait, doesn't the checksum prevent this from happening?

Yes, we all of us are confused at how this could have happened. Apparently there is a lawsuit. Protos has some coverage here: https://archive.is/31I3i

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lol, copy and paste from PDF is dangerous!! but it still smells fishy

i don't know anything about USDC, but on bitcoin a single digit change in the address should result in an invalid address.

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