A brutal lesson in crypto: crypto user lost nearly $1 million in $USDT after signing a phishing token approval on Ethereum

Well a classic approval phishing. User signed malicious token approval on phishing site, enabling scammers to drain exactly 999,999 USDT from their Ethereum wallet in 3 multicall txs (Scam Sniffer)

It came through an approval, a standard ERC-20 permission that lets another address spend tokens from a user's wallet

Remember folks, always revoke approvals regularly at revoke.cash