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Ethereum Infochain: Unlimited spending

Ethereum Infochain: Unlimited spending


Hi I’m noticing some people are saying that there are some scam sites that allow through smart contracts the ability to spend unlimited amount of coins in your wallet, so the scammer gets everything. Is there an article regarding this that I can read on?

Here’s an image of what I’m talking about:

https://preview.redd.it/9ijvvbr5z1u71.png?width=675&format=png&auto=webp&s=123930e1bdb82fb9fb347c47b2317b45a9047c7a

Thank you



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