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Same, and I am probably younger than this guy. My really basic understanding after reading very slowly is he got some crypto asset from scammer, and he needed
by nfw2 5y ago
Same, and I am probably younger than this guy.
My really basic understanding after reading very slowly is he got some crypto asset from scammer, and he needed to approve lending it out to get some sort of crypto interest on it. But approving the "lending X out" action apparently looks exactly like the same as the "give Y away" action if you don't look closely at the contract.
Maybe it's just ignorance, but the whole system seems like a mess to me.
- hypertele-Xii 5y agoIn the same way as if you lend cash to someone, you have to read the contract you're both signing attesting to the fact they owe you that amount, or they can just disappear with the cash.