Cointime

Cointime

Download App
iOS & Android
Home / Security

The amount stolen from Justin Sun’s platform/public chain in the past 2 months has reached US$208 million

According to BlockBeats news on November 23rd, Justin Sun's platform/public chain has been attacked four times in the past two months, with a total stolen amount of 208 million US dollars according to Cointelegraph. These include:
September 24th, HTX was stolen approximately 7.9 billion US dollars
November 10th, Poloniex was stolen approximately 100 million US dollars
November 22nd, HTX was stolen approximately 13.6 million US dollars
November 22nd, HECO chain was stolen 8,660 US dollars.

Justin Sun
Comments

All Comments

Recommended for you

  • The Sonne Finance hacker address has exchanged 56 WBTC into about 1,185 ETH

    According to PeckShield's monitoring, Sonne Finance hacker address 0x6277...4c07 has exchanged 56 WBTC for approximately 1,185 ETH and 3 WBTC for 183,000 DAI.

  • Sonne Finance: This attack was a donation attack. We are investigating the attacker and have suspended the market.

    Sonne Finance released an attack analysis report. This was a donation attack. Sonne had avoided this problem in the past by adding a collateral factor of 0% to the market, adding collateral and then destroying it, and only then increasing c-factors according to the proposal. Sonne recently passed a proposal to add the VELO market to Sonne. This transaction was arranged on a multi-signature wallet, and c-factors were arranged to be executed within 2 days due to the time lock. When the 2-day time lock for creating the market ended, the attacker executed 4 of the transactions and then executed the transaction to add c-factors to the market. The attacker was able to use the protocol to obtain approximately $20 million in funds through a known donation attack. Seal contributors quickly noticed this issue and reserved approximately $6.5 million by adding VELO worth approximately $100 to the market. Sonne is investigating the attacker and has suspended the market to mitigate further losses. Sonne is prepared to offer a bounty to the attacker and promises not to pursue the issue further if the attacker returns the funds.

  • Sonne Finance confirms attack, but still has about $6.5 million in funds

    On May 15th, Sonne Finance announced that its Optimism protocol had suffered a known donation attack, resulting in a loss of approximately $20 million. The attack exploited a vulnerability in the newly launched market and within two days of its creation, the attacker used a multi-signature wallet and time-lock function to execute critical transactions, successfully manipulating the market's collateral factors (c-factors). Despite Sonne's team quickly organizing a response to the attack and suspending the market within 25 minutes of discovering the issue to minimize further losses, approximately $6.5 million in funds were still retained. Sonne's team is working hard to track down the identity of the attacker and has offered a bounty to the attacker in the hopes of returning the funds to avoid further investigation. At the same time, Sonne's team sincerely apologizes for this incident and is reaching out to all possible partners to try to recover the funds.

  • A certain address may have lost assets worth about $4.3 million due to private key leakage

    According to CertiK monitoring shows that due to suspicious transactions, preliminary evidence suggests that the private key may have been leaked, and a total of approximately $4.3 million worth of assets have been transferred to the address 0x2705.

  • Chainalysis: Around $24 Million in Crypto to be Stolen by Impostors and Tax Authorities in 2023

    According to Chainalysis, by 2023, approximately $24 million worth of cryptocurrency will be stolen through impersonation and tax authority scams. The company estimates that as of April 2024, the total amount stolen will be close to $17 million.

  • Multisig Exploit hacker-related addresses become active and launder money

    Multisig Exploit's hacker attack was the first hacker attack in ETH's history, with over 150,000 ETH stolen, worth about $30 million at the time (back in July 2017). Today it is worth nearly $450 million, and more than 80,000 ETH is still involved in the addresses starting with 0xb37647. The address has sent about 70,000 ETH to seven different addresses, each with 10,000 ETH. In recent months, these different addresses have been slowly laundering the money. One of the addresses starting with 0x5167052 has recently become active again.

  • Cointime April 27th News Express

    1. ETH falls below $3,100

  • Justin Sun has deposited 166 million USDT to Binance in the past 7 hours

    According to on-chain analyst @ai_9684xtpa, in the past 7 hours, Sun Yuchen has accumulated a total of 166 million USDT deposited into Binance.

  • Justin Sun redeemed 85.53 million USDT from JustLend 4 hours ago and immediately transferred it to Binance

    As monitored by on-chain analyst Yu Jin, 4 hours ago, Sun Yuchen's Tron address (TXN...752) redeemed 85.53 million USDT from JustLend and immediately transferred it to Binance.

  • Suspected Justin Sun address purchased more than 150,000 ETH in 12 days, worth US$430 million

    Lookonchain monitoring data shows that 10 minutes ago, a wallet suspected to belong to Sun Yuchen purchased 18,616 ETH (worth $54.57 million) from Binance again. This wallet has purchased 151,196 ETH worth $435.3 million from Binance and DEX at a cost of $2,879 in less than 12 days.

Daily Must-Read

Popular Activities

Delysium $AGI & AI Private Yacht Party

Delysium $AGI & AI Private Yacht Party

March 27 - March 27
Seoul

Popular Tags

Cointime
News
Contents
RSS
Company