Crypto Follies: How One Wallet Lost $908K in a Comedy of Phishing Errors! 🎭💸

by

Oh, dear audience! Consider, if you will, the curious misadventure of Monsieur du Crypto, who—through a blunder fit for the stage—saw his fortune of $908,551 vanish quicker than a notary at tax time, all thanks to a malicious pact he signed 458 days ago. One wonders: did he sign with his pen, or merely with his confidence?

This calamity began with an enchanted ERC-20 approval, conjured, no doubt, by the wiles of a nefarious phishing specter or the promise of a dubiously generous airdrop. Thus, the rogue wallet, named “0x67E5Ae,” was handed keys to the safe—permanently. One can almost hear the villain twirling his digital moustache.

The infamous pink-drainer.eth, scourge of wallets and terror of ledgers, struck at the ignoble hour of 4:57am UTC on August 2. Like a patient creditor, the scoundrel seized upon $908,551 in USDC—leaving poor Monsieur Crypto to wail and consult Scam Sniffer, who in turn proclaimed on X: “Alas, review your approvals! Or prepare to sing the Ballad of the Bankrupt.”🎶

The scammer’s patience—O, what virtue in a vice!

Picture the comedy: for moons on end, Monsieur’s wallet languished without so much as a sou, ignored like last season’s fashions. The villain could scarcely be bothered—until July 2! Suddenly, a sum of $762,397 tumbles in from MetaMask, and, mere moments later, a hearty encore of $146,154 from Kraken. O, what winds of fortune blew the victim’s purse wide open? The knave watched and waited, certain as a cuckoo spying the hour. In perfect commedia timing, the malefactor swept the stage of every last coin!

You see, good spectator, these villains do not merely pounce; they linger, like in-laws after dessert, until the cupboards groan with riches. Only then do they perform their dramatic exit—stage left, with the loot!

The plot thickens: Tools to unmask the knaves

But fret not, you of trembling wallet! You may consult Etherscan’s Token Approval Checker to review and—should you find any dastardly deeds—revoke those perilous permissions. Each revocation, of course, exacts its toll in gas fees—because comedy, dear friends, is never free!

Alas, the month’s playbill has been grim: over $142 million spirited away across 17 acts of villainy, with the CoinDCX debacle stealing top billing. But who among us hasn’t played the fool in love or crypto?

Curtain falls. Wits up, wallets in pocket—and never sign what you cannot spell! 🎭💰

Read More

2025-08-03 04:18