Fantom Seeks Money Back From Multichain’s $200M Exploit
The move aims to enable victims to “partially recover” assets lost in one of the biggest exploits of 2023.
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The move aims to enable victims to “partially recover” assets lost in one of the biggest exploits of 2023.
An Ethereum wallet funded by a beneficiary of the Multichain exploit has sold $1.8 million worth of WOO Network (WOO) tokens on Uniswap, causing the price to slump by 8%.
Hector Network’s HEC and TOR tokens, and its treasury, suffered major losses related to Multichain. The project is based on Fantom.
“It is recommended that all users suspend the use of Multichain services and revoke all contract approvals related to Multichain,” developers said early Friday.