A user lost nearly 1 million USDT after signing a phishing token approval on Ethereum.

TechFlow reports, July 9, according to Scam Sniffer, a user lost 999,999 USDT after signing a phishing token approval on the Ethereum network.

According to the disclosure, when the attack script initiated the first transfer, the requested amount was slightly higher than the actual wallet balance, causing one $800,000 withdrawal to fail; 36 seconds later, the script recalculated the available balance and successfully withdrew the remaining funds in the account.