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I interacted with BSPCoin.com and it asked me to approve USDC in my wallet. After I approved the request, a transferFrom transaction drained 2,045.7268 USDC from my wallet.
I did not give anyone my seed phrase or private key. The approval alone gave the attacker enough permission to move the USDC. The site presented itself as a crypto platform, but the approval was the mechanism used to take the funds.
Do not approve USDC spending permissions on BSPCoin.com. Check every approval request before signing it, especially when a platform claims it needs token access for staking, mining, or account activation.