Investigation Into Prisma Vulnerability Attacker Shows $11 Million Loss

in Project HOPE16 days ago

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There's been an investigation into an alleged attacker of the Prisma vulnerability. The attacker is identified as 0x77, and ZachXBT - the
detective of blockchain has made this public. This particular investigation is connected to many other vulnerabilities, and a loss of about $11 million.

The Prisma team noticed a row of transactions, that led to a loss of 3,257 Ethereum, about $11 million on the 28th of March 2024. At the beginning, the attacker said that it was a white hat attack.

But, at a different time that exact day, the attacker moved all the assets to Tornado Cash, going against what he had said before. The attacker demanded for a white hat bounty of $3.8 million - which was about 34%. But 34% was above the 10% standard.

It has been discovered that this same attacker of Prisma Vulnerability, was connected to Arcade vulnerability on March 2023, and Pine protocol vulnerability on February 2024. ZachXBT has recently gathered information on the personal details of the attacker, and warns the attacker to send back the funds, to save everybody's time.

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That was really a massive loss and hope it will not cause massive damage to the world of crypto space actually. Well let's see how it will actually plays out soon

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