🚨 $459K Memecoin Bot Hack Traced to Former Customer
Blockchain researchers have linked the wallet behind a $459,000 drain of the Tradewiz trading bot to an address that previously funded 27 ordinary trades through the same platform.
Bitquery's on-chain analysis found the attacker's wallet had a history of routine memecoin trading via Tradewiz before it was used to collect the stolen funds — raising serious questions about how the bot's private keys were compromised and whether insider access played a role.
When your best customer turns out to be your worst nightmare, it's time to audit more than just the smart contract.
Blockchain researchers have linked the wallet behind a $459,000 drain of the Tradewiz trading bot to an address that previously funded 27 ordinary trades through the same platform.
Bitquery's on-chain analysis found the attacker's wallet had a history of routine memecoin trading via Tradewiz before it was used to collect the stolen funds — raising serious questions about how the bot's private keys were compromised and whether insider access played a role.
When your best customer turns out to be your worst nightmare, it's time to audit more than just the smart contract.