Hedera Drained of $5.25M and Bridged to Ethereum in Suspected Exploit on July 11

HBAR-1.05%
ETH1.54%
WBTC0.40%
According to Peckshield, $5.25 million in funds were drained from Hedera's mainnet and bridged to Ethereum on July 11 in a suspected exploit. The attacker's wallet, initially seeded with 1 ETH from Tornado Cash, now holds approximately 2,360 ETH ($4.25 million) and 15.58 WBTC ($1 million). Hedera had not publicly confirmed the incident at press time.
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