Crypto Alert: $165K Vanishes in $BLOCK & $DOLO ’Fake Signature’ Scam—Here’s How It Happened

Crypto's dark underbelly strikes again—this time with a slick signature scam. Investors just got fleeced for $165K in $BLOCK and $DOLO tokens. Here’s the breakdown.

How the scam worked: Fraudsters exploited blind trust in digital signatures, spoofing approvals to drain wallets dry. No brute force, just psychological warfare.

The aftermath: Victims left staring at empty balances while the perpetrators vanish into the blockchain’s anonymity abyss. Classic crypto—innovation and grift, neck and neck.

Protect yourself: Revoke unnecessary token approvals, double-check contract addresses, and remember: if it seems too good to be true, it’s probably a scam. Especially in DeFi.

Final thought: Another day, another 'learning opportunity' in the Wild West of finance. At least traditional banks send a fruit basket before they rob you.