User Loses $368,717 Due To Permit Phishing Signature

According to Odaily, a user has reportedly lost $368,717 due to signing a Permit phishing signature. The stolen assets were Uniswap and SushiSwap LP tokens. The incident was detected by Scam Sniffer about an hour ago.

The user fell victim to a phishing attack, a common type of cybercrime where the attacker disguises as a trustworthy entity to trick victims into providing sensitive information. In this case, the user was tricked into signing a Permit phishing signature, leading to the loss of a significant amount of money.

Uniswap and SushiSwap LP tokens were the assets stolen in this incident. These tokens are used in the decentralized finance (DeFi) sector, which has been a prime target for cybercriminals due to its rapid growth and high-value transactions. This incident serves as a reminder of the importance of cybersecurity measures in the DeFi sector.