Scam Sniffer traced a wallet this week that lost $999,999 in USDT to a single phishing token approval on Ethereum. The first sweep overshot the balance and failed, so the script corrected itself and took the rest 36 seconds later. No seed phrase was stolen. The victim approved a token permission that looked routine.

The pattern keeps repeating because people approve signatures they cannot fully read.

Two habits help on any hardware wallet. Keep keys generated and stored offline, and verify the exact permission and amount on the device’s own screen before signing.

If you cannot read it, do not approve it.

submitted by /u/ELLIPALWallet [link] [comments]r/CryptoCurrencyRead More

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