Just received random approvals on my wallet this morning. Is this spam?

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Just received random approvals on my wallet this morning. Is this spam?

Hey guys,

I did some wallet clean up over the last few days and use revoke.cash & https://app.unrekt.net/ to remove allowances on my account. This morning I wake up to find various allowance approvals on my account. I spoke to Zerion customer support and they said that these are spam transactions. Can someone explain how these spam transactions actually work?

  1. How do they get it to show up on your account
  2. What's the purpose?
  3. How do people fall for the "Scam"

EDIT: Funny what a little search can do. I think I found the answer: https://www.reddit.com/r/CryptoCurrency/comments/14uu4y8/be_careful_of_this_new_type_of_scam_scammers_use/

submitted by /u/carpediemquotidie
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