A crypto user just lost $908,000 in tokens — and the shocking part?
They signed the approval 16 months ago!
🚨 This wasn’t a hack
It was a smart contract scam.
Here’s what happened:
🧠 The Mistake:
They used a fake site or dApp over a year ago.
It asked for “infinite token approval” — and they clicked yes.
Back then, it looked safe. But...
⏳ The Trap:
The scammer waited quietly — for over a year.
Then drained the wallet in seconds.
💸 What Was Lost?
– $908K in altcoins
– Wallet wasn’t hacked — they had permission all along
🛑 Lesson Learned:
This is called a “sleeping approval” scam — and it’s becoming common.
🔐 Protect Yourself:
👉 Go check your wallet approvals.
👉 Revoke any you don’t trust or recognize.
💬 Drop a ✅ if you just checked yours — or comment if you need help!
#CryptoScam #WalletSecurity #Ethereum #BinanceFeed #SecurityFirst