$OST TREASURY HACKED - 24M USDC STOLEN AND MOVED TO TORNADO CASH 🔥
Blockchain security firm PeckShield reports that Ostium's public OLP treasury was drained of ~24 million USDC. The attacker swapped the funds for 12,080 ETH and has already funneled 10,540 ETH through Tornado Cash.
This is a clear liquidity event — 24M USDC exiting in minutes with most funds now obfuscated through a mixer. The on-chain trail effectively ends with that final Tornado deposit. How do you see this impacting the broader DeFi sector's trust in public treasury models?
Not financial advice. Always manage your risk.
#OST #HackAlert #CryptoNews #Security #DeFi
🎯
Blockchain security firm PeckShield reports that Ostium's public OLP treasury was drained of ~24 million USDC. The attacker swapped the funds for 12,080 ETH and has already funneled 10,540 ETH through Tornado Cash.
This is a clear liquidity event — 24M USDC exiting in minutes with most funds now obfuscated through a mixer. The on-chain trail effectively ends with that final Tornado deposit. How do you see this impacting the broader DeFi sector's trust in public treasury models?
Not financial advice. Always manage your risk.
#OST #HackAlert #CryptoNews #Security #DeFi
🎯