Multi-signature wallet security incidents sound the alarm again. According to on-chain data, a hacker successfully compromised and took over a multi-signature wallet, directly transferring assets worth up to $27.3 million.



The specific development of the incident is as follows: the hacker first withdrew 1,000 ETH (approximately $3.24 million) from the Aave protocol, then began large-scale money laundering operations through a mixing service. As of now, the hacker has deposited 6,300 ETH into the mixing service, amounting to about $19.4 million.

More notably, the hacker is still actively operating in the market. They hold leveraged long positions worth nearly $10 million, with an ETH exposure of up to $20.5 million, and have also allocated $10.7 million in DAI stablecoins. This series of actions indicates that the hacker is not just a passive asset thief but is actively engaging in trading strategies. This incident once again reminds users that even multi-signature wallets are at risk of being compromised.
AAVE-0,93%
ETH-1,01%
DAI0,02%
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HallucinationGrowervip
· 01-08 20:59
If multi-signature can be broken, what can we still trust... Is this hacker still trading? Feels like playing with fire.
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NonFungibleDegenvip
· 01-07 05:24
ngl ser this is actually bullish for hardware wallet manufacturers... probably nothing tho lmao
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SandwichDetectorvip
· 01-06 10:48
Multi-signature wallets can all be hacked. Who can rest assured... It seems there's nothing absolutely secure anymore.
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MetadataExplorervip
· 01-06 10:48
27.3 million USD lost, multi-signature can't save it... This guy is still trading, truly a tough person
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MoonMathMagicvip
· 01-06 10:36
If multi-signature can be broken, what can we still trust... This guy stole 27.3 million and can still manipulate the market, he's too ruthless.
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NotAFinancialAdvicevip
· 01-06 10:28
Multi-signature wallets can all be hacked, so what can we still trust? Truly unbelievable.
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GateUser-9f682d4cvip
· 01-06 10:22
If multi-signature wallets can be hacked, then what's the point of our small retail investors' private keys? Might as well just give up and do nothing.
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