User Loses $804,000 in mETH to Malicious Phishing Contract

According to Foresight News, Cyvers Alerts has reported that an individual has lost approximately $804,000 worth of mETH after signing a malicious phishing contract. The victim approved the malicious contract around 14 minutes prior to the report, and the funds are currently held in the phishing address. Cyvers recommends that users revoke approvals for phishing contracts to prevent such incidents.