Leaderboard
38All-time rank
Multichain
Jul 7, 2023
$126M
Lost
$126M
Recovered
$0
Net loss
$126M
Unrecovered0% recovered
Multichain lost ~$126M on July 6-7, 2023 from bridge reserves on Fantom, Moonriver and Dogechain (WBTC, WETH, USDC, USDT, DAI, LINK and more). CEO Zhaojun, who held the MPC signing keys, had been detained since May 2023; project shut down days later.
- Target
- Bridge
- Classification
- Key Compromise
- Technique
- Validator Key Compromised
- Attribution
- Unknown
- Chains
MoonriverBSCFantom
Event timeline
- Jul 7, 2023Exploit executed — $126M drained via validator key compromised
- Attributed to Unknown
- Recovery status Unrecovered 0%