Hackers drain $3.9M from Unleash Protocol after multisig hijack
ID: 35e4fba5-3865-53c0-997c-4597f279f0ab
STIX ID: report--35e4fba5-3865-53c0-997c-4597f279f0ab
Feed Name: Bleeping Computer
Threat Score
Unleash Protocol suffered an unauthorized smart contract upgrade after an externally owned address gained administrative control of its multisig governance, enabling withdrawals that resulted in roughly $3.9M in stolen crypto (WIP, USDC, WETH, stIP, vIP). The attacker bridged assets to external addresses and deposited 1,337 ETH into Tornado Cash to obfuscate funds; Unleash has paused operations and engaged external security experts to investigate and remediate.
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