User loses $97,000 and $122,000 in SYN after malicious Permit approval

  • Phishing attackers stole SYN tokens from a user through a malicious Permit transaction.
  • $97,000 in SYN was taken initially, followed by another $122,000 theft.
  • The user had signed the transaction 922 days earlier and did not cancel authorization.

A user lost $97,000 worth of SYN tokens after signing a malicious Permit transaction 922 days earlier, according to GoPlus monitoring cited by PANews on Sept. 1. The user did not revoke the related authorization after the initial phishing theft, allowing attackers to take another $122,000 worth of SYN.

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