Crypto VC Fund Suffers $36 Million Blow from Phishing Scam After Signing Malicious Permit Transaction
A cryptocurrency entity linked to Continue Capital lost over $36 million in wrapped Ethereum tokens due to a phishing attack that tricked users into signing a malicious transaction. This incident caused a drastic price drop of more than 95% in fwDETH, highlighting the ongoing risk of phishing attacks in the crypto space.
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