A recent incident in the world of cryptocurrency saw an investor losing millions to a sophisticated phishing scam. The investor was deceived into signing a malicious Permit phishing signature, resulting in the theft of 1,807 Ether.fi-Liquid1 tokens worth $6.9 million. This is not the first time the investor has fallen victim to such an attack, having lost $638,000 in a previous phishing scam. The theft involved the use of off-chain authorization signatures to transfer tokens without on-chain transactions, enabling the theft to take place. The stolen funds are currently held in two wallets, one belonging to the scammer and the other to a drainer. The incident has been linked to notorious draining-as-a-service providers, Pink and Inferno Drainers, who offer tools for phishing exploits in exchange for a share of the stolen funds. This serves as a reminder of the prevalence of phishing attacks in the crypto space, with scammers using various tactics to deceive users and steal digital assets. Read more AI-generated news on: https://app.chaingpt.org/news
Cryptocurrency Investor Loses Millions to Phishing Scam
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