Holograph Exploited: Hacker Mints 1 Billion $HLG, Swaps For $USDT and $ETH

Holograph Exploited: Hacker Mints 1 Billion $HLG, Swaps For $USDT and $ETH

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Source: TheMerkle.com

Holograph has suffered a significant security breach, with a hacker minting 1 billion $HLG tokens. Following the exploit, the attacker swapped some of the $HLG for $USDT, transferring the funds to the address acc01ade.eth.

From there, 1.3 million $USDT was exchanged for over 300 $ETH, which was then distributed to four different addresses. A small portion of these funds was funneled through Tornado Cash and Railgun, known tools

Read More https://themerkle.com/holograph-exploited-hacker-mints-1-billion-hlg-swaps-for-usdt-and-eth/

The post "Holograph Exploited: Hacker Mints 1 Billion $HLG, Swaps For $USDT and $ETH" appeared first here TheMerkle.com.

Source: TheMerkle.com

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