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cryptoJul 9, 2026, 7:49 AM

User Loses Nearly 1 Million USDT in Ethereum Phishing Attack

An unknown user lost 999,999 USDT after signing a phishing transaction on Ethereum. The attackers initially attempted to withdraw 1 million USDT via a multicall function, then drained the remaining balance in several transfers.

An unknown user lost 999,999 USDT after falling victim to a phishing attack on the Ethereum network. The attackers first attempted to drain exactly 1 million USDT using a multicall function, but later adjusted their approach, siphoning the remaining balance through a series of smaller transfers.

This incident follows a similar case reported earlier, where a wallet owner lost $1.65 million after connecting to a fake exchange and signing a malicious contract. Both cases highlight the growing risks of phishing scams targeting crypto holders through deceptive transaction requests.

Source: ForkLog