
Hanzo ㊗️|Jun 05, 2025 16:14
Yesterday my friend lost 200,000.
His name’s Josh. He's been in crypto since 2021 — rode through the hype, the crashes, the scams. He wasn’t some clueless degen either. He was careful. The kind of guy who double-checks URLs, uses a Ledger, and tells others to “never sign random approvals.”
But yesterday, it still happened.
He was checking a DeFi dashboard he’s used dozens of times. The site looked normal. No alerts, no warnings. Then a little pop-up said his session expired and asked him to reconnect his wallet.
So he did.
MetaMask popped up — “Approve access.” Nothing unusual. It wasn’t asking to send anything. Just an approval. Like what we all do 20 times a day in DeFi.
He clicked Approve.
And that was it.
The contract had been swapped behind the scenes. The approval gave it full access to his tokens — 200,000 worth. ETH, stablecoins, some alt bags, and a couple of NFTs.
Gone. In under 20 seconds.
He stared at the screen for a minute, waiting for it to refresh. Then he opened Etherscan and saw the wallet drain in real-time. He texted me just two words:
“It’s gone.”
It wasn’t some new project or rugpull.
No Discord shills, no too-good-to-be-true presale.
It was one tired click. On a normal day. On a site he trusted.
Josh is crushed, obviously. But he’s not alone. The scam contract had hit hundreds of wallets. DNS hijack. Looked 100% legit.
If you’re reading this, let his mistake be your warning:
• Never approve contracts casually, especially when tired or distracted.
• Use a burner wallet when browsing or testing things.
• Revoke old permissions regularly (use http://revoke.cash).
• Triple-check your transactions (use http://pocketuniverse.app).
• Treat MetaMask like it’s loaded with C4. One wrong click is all it takes.
Josh’s 200K lesson could’ve been any of us.
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