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Multichain Collapse: The Private Key Leak That Drained $125M+

ID: 3f5cef05-4de0-5c9c-a21d-68c17e9a9169

STIX ID: report--3f5cef05-4de0-5c9c-a21d-68c17e9a9169

Feed Name: CertiK Blog

Threat Score
85/100

Date Published: 2024-01-08

Date Updated: 2026-06-11

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Multichain, a centralized cross-chain bridge, suffered a private-key compromise on July 6, 2023 that allowed attackers to drain funds, causing losses in excess of $125M; the issue is described as an operational key compromise and considered out-of-scope for code audits.

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