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Circle did not freeze the funds involved in the exchange hack, and the hacker has now bridged the funds to another chain.

Circle did not freeze the funds involved in the exchange hack, and the hacker has now bridged the funds to another chain.

金色财经2025/10/02 10:24

On October 2, on-chain detective ZachXBT revealed that the attacker in a certain exchange hack incident swapped approximately 5 million DAI for about 5 million USDC, and kept these funds in USDC for 35 minutes. Since Circle did not conduct a compliance freeze, the funds were subsequently bridged to another chain. The hacker stole over 300 million US dollars from an exchange user by bribing customer service.

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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