Onchain cybersecurity platform Cyvers detected suspicious outflows on Feb. 27 from an address linked to Mask Network founder Suji Yan.
According to Cyvers, other flagged addresses had received about $4 million in cryptocurrencies, primarily in Ether ( data-ct-non-breakable=”null” href=”https://cointelegraph.com/ethereum-price” rel=”null” target=”null” text=”null” title=”null”>ETH)-linked tokens.
The digital assets suspected to have been stolen included 113 ETH, valued at over $265,000 at the time of writing, 923 WETH, 301 ezETH, 156 weETH, 90 pufET, 48,400 MASK, 50,000 USDt ( data-ct-non-breakable=”null” href=”https://cointelegraph.com/tether-price-index” rel=”null” target=”null” text=”null” title=”null”>USDT) and 15 swETH.
Tracing the compromised transaction flow. Source: data-ct-non-breakable=”null” href=”https://x.com/CyversAlerts/status/1895089374582218823″ rel=”nofollow noopener” target=”_blank” text=”null” title=”https://x.com/CyversAlerts/status/1895089374582218823″>Cyvers Alerts
Following the initial…
