Wintermute’s research found that over 97% of Ethereum EIP-7702 delegations were linked to contracts using identical code for automated wallet draining.

Quotes that support claims

Wintermute found that 97% of wallet delegations under EIP-7702 led to malicious contract activity

Wintermute said that its research team found ‘over 97% of all EIP-7702 delegations were authorized to multiple contracts using the same exact code.’