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 […] source: https://www.cryptopolitan.com/phishing-victim-loses-1-08m-malicious-permit/