🧾 😳Case of wallet drain scam😳

A user lost $908,000 USD due to a malicious authorization signed 16 months ago, which gave total control to a smart contract over their wallet without them noticing. The scammers patiently waited and drained the funds without the need for private keys or seed phrases.

⚠️ Type of scam

It is known as "wallet drain" due to malicious approval.

The authorized contract had unlimited access and was used a long time later.

It is common in fake mining scams and fraudulent platforms.

🛡️ Tips to protect yourself

Check active authorizations with tools like Revoke.cash.

Do not sign transactions that you do not fully understand.

Be wary of unknown platforms with exaggerated promises.

Do not share your wallet or allow remote access.

$CFX $USDT

#scamriskwarning #BinanceSquare #Binance #Write2Earn #WalletDrainer