A whale’s multisig wallet was compromised just minutes after its creation, leading to estimated losses near 27.3 million USD due to a private key breach. Initial investigations suggest total losses may surpass 40 million USD.
The multisig wallet was poorly configured, needing only one signature for transactions, which compromised its security. The attacker has laundered about 12.6 million USD through Tornado Cash and retains 2 million USD in liquid assets.
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