#PayyLink Funds Movement
According to a report by Specter, Payy Link’s Rollup may have been siphoned off by around 1.83 million $USDC . The attacker then swapped the funds for 683.38 $ETH , primarily distributing them across 3 addresses.
The amounts and number of addresses are not large, but the method is worth noting: stablecoin inflow, $ETH outflow, and splitting across multiple addresses—this is a typical fast money-laundering route. For teams working on Rollups, the cost of incidents like this is not just the loss itself, but the review pressure on bridge and contract permissions.
Assessment: Until Payy Link’s official statement provides clarification on the contract status, this report can only be treated as unconfirmed—don’t treat it as a confirmed attack.
$LTC
According to a report by Specter, Payy Link’s Rollup may have been siphoned off by around 1.83 million $USDC . The attacker then swapped the funds for 683.38 $ETH , primarily distributing them across 3 addresses.
The amounts and number of addresses are not large, but the method is worth noting: stablecoin inflow, $ETH outflow, and splitting across multiple addresses—this is a typical fast money-laundering route. For teams working on Rollups, the cost of incidents like this is not just the loss itself, but the review pressure on bridge and contract permissions.
Assessment: Until Payy Link’s official statement provides clarification on the contract status, this report can only be treated as unconfirmed—don’t treat it as a confirmed attack.
$LTC
