User Loses Nearly 1 Million USDT After Signing Phishing Token Approval on Ethereum

CoinFeed July 9 news, according to Scam Sniffer monitoring, a user lost approximately 999,999 USDT after signing a phishing token approval on Ethereum. The attacker's first attempt to withdraw 1 million USD (631 USD more than the wallet balance) failed, and 36 seconds later recalculated and successfully withdrew all remaining balance. Scam Sniffer reminds users to verify all signature requests and not to sign transactions hastily.