🚨 $MORPHO $2.3M STEAL THROUGH TORNADO CASH EXPOSED 🦈
ZachXBT’s forensic trace shows two institutional wallets, together holding 973k $MORPHO , siphoned within hours. The outflow landed in Tornado Cash, a classic privacy sink, suggesting a coordinated liquidity sweep rather than a random security incident. 🦈
The EIP‑7702 delegation route and the prior October 9 breach—where $3.5M crossed via NEAR intents into the Ironwood pool—hint at a repeatable bridge‑to‑privacy vector. Connections to an address linked to Nima Capital raise the specter of a deeper institutional exposure. 📊🔍
💬 How should the community reassess risk on cross‑chain bridges and privacy pools?
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #MORPHO #TheftAlert #OnChain #PrivacyPool #CryptoSecurity
🦈 🔥
ZachXBT’s forensic trace shows two institutional wallets, together holding 973k $MORPHO , siphoned within hours. The outflow landed in Tornado Cash, a classic privacy sink, suggesting a coordinated liquidity sweep rather than a random security incident. 🦈
The EIP‑7702 delegation route and the prior October 9 breach—where $3.5M crossed via NEAR intents into the Ironwood pool—hint at a repeatable bridge‑to‑privacy vector. Connections to an address linked to Nima Capital raise the specter of a deeper institutional exposure. 📊🔍
💬 How should the community reassess risk on cross‑chain bridges and privacy pools?
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #MORPHO #TheftAlert #OnChain #PrivacyPool #CryptoSecurity
🦈 🔥