Hedera faces apparent $5.25M exploit as attacker bridges stolen funds to Ethereum

PeckShield says $5.25M in stolen assets has already been bridged from Hedera mainnet to Ethereum in an apparent exploit. The attacker wallet was seeded with 1 ETH from Tornado Cash and now holds 2.36K ETH ($4.25M) plus 15.58 WBTC ($1M). PeckShield’s alert does not identify the exploit vector or affected protocol as of July 11.

TLDR by @Benthic

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• Ethereum
• Bridges
• Hedera
• Exploit