CoinOtag
2025-12-09 18:10:28

User Loses $440K in USDC After Signing Malicious Permit in Phishing Attack

Permit scams in crypto involve tricking users into signing malicious approvals that grant attackers access to their tokens, leading to significant losses like the recent $440,000 USDC theft. These phishing attacks exploit Ethereum's permit function for easier token transfers, but vigilance is key to prevention. A single malicious permit signature resulted in a $440,358 USDC [...]

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