Slow fog cosine: A fraudster steals ARBs dropped by users through an upgraded DEX router
as report goes, Yu Xianfa, the founder of Slow Fog, tweeted, “From last night to now, we have received feedback from many people, and a rare ARB has been stolen. This is one of the reasons: scammers have built an upgradeable DEX router, luring users to approve the router for token exchange through early publicity. When users apply for an ARB airdrop and exchange it for approved tokens, the router owner steals the previously approved tokens through contract upgrades.”
Interpretation of this information:
The message is discussing a recent incident where a rare ARB has been stolen due to scammers creating an upgradeable DEX router. The scammers enticed users to approve the router for token exchange through early publicity, which led to the router owner stealing previously approved tokens through contract upgrades. This highlights the importance of being cautious and doing research before engaging in cryptocurrency exchanges.
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