Cryptocurrency
[loss] $2M+
Tweet thread by ScamSniffer
Primary Source ↗Financial Loss
$2.0M
(2,025,000 USD)
Blockchain(s)
Ethereum
Incident Details
An Ethereum holder who had been staking their ETH through a liquid restaking protocol called Ether.fi suffered a 501 ETH (~$2.025 million) loss when they fell victim to a phishing scam. They inadvertently signed a malicious transaction that granted the attacker “increase allowance” permissions, enabling them to siphon almost the entire sum of funds from the wallet. The individual was left with less than $1,500 in the wallet.
Total loss estimated at $2,025,000.
Technical Details
- Initial Attack Vector
- Phishing attack
- Vendor / Product
- ether.fi phishing
Timeline
- 2024-03-13 Breach occurred
- 2024-03-13 Publicly disclosed