Cointelegraph - A crypto holder lost $55 million due to a phishing attack that tricked them into signing an unverified transaction

https://cointelegraph.com/news/crypto-whale-loses-55m-phishing-attack

A crypto holder lost $55 million in a phishing attack. The victim signed an unverified transaction that transferred ownership of their stablecoins to a malicious address.

The attacker then withdrew the funds and exchanged them for other cryptocurrencies.

This incident highlights the importance of user vigilance and the risks associated with signing unknown transactions.

Beware of phishing attacks!!