Phishing Claims $340,117 in Alleged USD0 Incident

Key Takeaways:

  • No official confirmation on the $340,117 USD0 phishing incident.
  • Phishing attack details remain unclear.
  • Lack of on-chain data or statements from key players.

phishing-claims-340117-in-alleged-usd0-incident
Phishing Claims $340,117 in Alleged USD0 Incident

Phishing is alleged to have cost a USD0 holder $340,117, although no primary sources have confirmed the incident as of July 2025.

The alleged phishing attack raises concerns over growing threats in the DeFi space, stressing the need for enhanced security practices.

A reported loss of $340,117 involving USD0 token phishing has surfaced but without solid confirmation from official channels or blockchain evidence. Claims of the attack involve a “Permit” signature without attribution or key endorsements. The reported breach lacks evidence from centralized exchanges, developers, or on-chain analysis, posing difficulties in validating its authenticity.

No confirmation from relevant authorities or experts has been found regarding the specific incident, thus no quotes can be provided at this time.

Phishing signatures previously documented in DeFi did not list USD0 as a target, contributing to market uncertainty. This event is considered unconfirmed due to the absence of public records or communication from industry leaders or experts.

The lack of substantial data casts doubt on potential financial losses and market disruptions. No verified wallet addresses or liquidity movements linked to the USD0 token appear on-chain.

Investors await tangible evidence, wary of increased phishing sophistication. Experts foresee possible impacts on regulatory oversight and the need for technological improvements in security measures within DeFi sectors.

Otto Bergmanr

Otte Bergmar is a crypto journalist covering Scandinavian and European blockchain markets, with a focus on decentralisation, privacy, and the AI–crypto interface. He reports on Web3 startups, market structure, and EU policy; from licensing regimes to consumer protection and cross-border compliance. At TokenTopNews, Otte transforms policy drafts, regulatory disclosures, and on-chain data into actionable, decision-ready insights, helping readers understand how regulation influences blockchain adoption across Europe.