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ZachXBT: Prisma Attacker 0x77 Suspected of Multiple Attacks, Has Personal Information on Him

ZachXBT: Prisma Attacker 0x77 Suspected of Multiple Attacks, Has Personal Information on Him

2024/04/16 16:33
TORN0.00%ETH-0.49%XOLDTOKEN0.00%

Chain sleuth ZachXBT releases an investigation into the alleged $11.1 million Prisma exploit exploiter 0x77 (Trung) and the multiple exploits he was implicated in.On March 28, 2024, the Prisma team observed a series of trades on the MigrateTroveZap contract that resulted in the loss of 3,257 ETH (~$11.1 million) ). Initially, the attackers communicated with Prisma deployers claiming it was a white hat attack. However, later the same day, all funds were transferred to Tornado Cash, contradicting previous statements. The exploiters began to make excessive demands and asked for $3.8 million (34%) of the white hat bounty. This amount is much higher than the industry standard of 10%, essentially extorting the team as the vault did not have enough assets to compensate users. Through chain tracing, PrismaFi exploiter 0x77 had been suspected in the Arcade exploit incident in March 2023, the Pine protocol on vulnerability incident from February 2024, and in addition, the exploiter's address was connected to the deployer address of the ModulusProtocol. 0x77 was one of the few followers of the project, reinforcing each of the incidents the connection. The phone number, email and other details of this alleged scammer were further analyzed. It is clear from their posts on X that they have a strong technical background.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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