🚨 Five hours ago, someone lost $118,785 in BUSD on BSC due to signing a malicious “increaseAllowance” transaction.
Most people pay attention to permission signatures and approval requests, but “increaseAllowance” is actually the same trap, just with a less common name.
Always verify every approval request. A single incorrect signature can result in a six-figure loss.
Victim:
0x68259215AA46F8688faB013204B4095c735809E7
Scammer:
0xF06b3310486F872AB6808f6602aF65a0ef0F48f8
0xf3b4067f95778206b9Feafc310Af252E7AAF42E9