Unlucky phishing victim loses $1.08M after signing malicious ‘permit’ signature

According to multiple reports, one crypto user lost approximately $1.08 million worth of Aave-wrapped Ethereum LBTC (aEthLBTC), which is a tokenized Bitcoin asset on the Aave protocol, in what is likely a phishing exploit.  According to ScamSniffer, the user in question had signed a malicious “permit” signature, which was what led to the theft. That […]