PEPE Holder Loses $1.39 Million in ‘Permit2’ Phishing Scam
Release: 2024/10/14 13:46 Reading: 701
Cryptocurrency Theft: PEPE Holder Loses $1.39 Million in Phishing Attack
In an alarming incident, Scam Sniffer has reported that a PEPE crypto holder recently lost $1.39 million worth of digital assets in a phishing scam.
The stolen assets, including PEPE, MSTR, and APU tokens, were transferred to a new address (0x3076ce666f707776aaf75f6c44f8c4085375a66f) just hours after the attack.
The phishing scam exploited Uniswap's Permit2 feature, which allows users to approve multiple tokens with a single signature. Once attackers obtain a victim's signature, they can rapidly deplete their wallet of assets.
The affected PEPE holder is among the latest victims of this growing trend in crypto scams. The incident underscores the importance of being vigilant when signing transactions and the necessity for enhanced security measures within the cryptocurrency industry.
As cryptocurrency adoption expands, so does the threat of scams. Users are advised to carefully verify the authenticity of requests for signatures and safeguard their assets against these fraudulent attacks.
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