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What are these transactions

Etherum Reddit

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I got a notification from zerion that some approve function was called for my address.

I didnt use that wallet for weeks so I was worried.

This is the tx (sorry it's not ethereum but the smart contract system is EVM compatible so I hope I will get more insight here)

https://bscscan.com/tx/0x2bc1bbcea8132bc5f886a8f37cee2f0a4aadcb2d3efb19ed557a87660a4dfcd6

Check out the logs tab. there 100 logs approving this token for 100 addresses for always the same Spender. The token itself is fake, it claims to be DAI but it isnt.

Also I doubt these are real approvals because I dint sign anything and I didn't initiate the transaction.

Any insight what this could be? I don't mind if they spend this token for me, because I don't own this fake token. It's just weird, and I don't get why anyone send this tx and how could anyone approve anything for me, unless this are really logs about fake events (which I assume)

submitted by /u/mcc011ins
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