Multichain bridge was hacked overnight for $126 million ㅤ M | CRYPTO TREYSI

Multichain bridge was hacked overnight for $126 million
ㅤ
MultiChain was hacked tonight. Their amazing story has been going on for quite some time, so let's look into what they have going on here.

MultiChain is going through a murky business!

At the end of May the first problems began to appear:

• At the beginning, users couldn't withdraw money from the protocol for a couple of days .
• Then the Multichain CEO simply disappeared, which provoked the shutdown of some servers, because only he had access to them.
• The token on this news naturally began to fall, and the outflow of money from the protocol.

And it seems that this situation was hushed up, promising a refund to all affected by this situation.

But tonight there was another mishap:

• Some 57.5 million USDC, 1,024 BTC and 7,214 ETH, totaling about $121,000,000, were taken out of the bridge routers in several transactions.
• The project team doesn't understand how it happened and is investigating the incident right now.

Since there isn't any comment about the theft of funds, theories are spreading in the internet, that the Multichain team is taking away maximum amount of money before closing the company.

Do you think Multichain was involved in this hacking attack?

- NO
- YES

#news

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