A user fell victim to a phishing attack, losing 1.82 million Compound USDC. Analysts at Lookonchain highlighted the incident.
Someone lost $1.82M due to phishing transaction signatures!
Always double-check before signing any transaction.
Regularly review and revoke token approvals.
Use secure wallets and avoid phishing websites.
Never trust unsolicited messages or unknown airdrops.… pic.twitter.com/dvP9mksUw2
— Lookonchain (@lookonchain) March 12, 2025
According to their data, the trader signed a phishing transaction, approving the transfer of assets to the attacker’s wallet.
Analysts advised against trusting unsolicited messages or unknown airdrops.
Back in June 2024, a MakerDAO delegate lost crypto assets worth $11.1 million. The incident occurred after the victim signed several phishing permissions to interact with their address.