$4 million Stolen, 6 Wallets Hit | Airdrop Alert Pro

According to a report by Cyvers, Mask Network founder Suji Yan’s account has been hacked. A suspicious address received nearly $4 million in digital assets, which were then immediately exchanged to ETH and distributed at six different addresses.

Mask Network’s local token Mask has been reduced by nearly 50% over the past three months, an event that could further affect its price.

Hacker Target Mask Network Founder

Violations involve complex tokens. Suspicious addresses collected 113 ETH, 923 WETH, 301 EZETH, 156 WEETH, 90 PUFET, 48,400 masks, 50,000 USDT and 15 Sweth.

Report From Web3 Safety The company’s Cyers reflects the rapid development of the hacker. Hackers convert stolen assets to ETH after initially acquiring nearly $4 million worth of cryptocurrency.

The ETH is then evenly spread across six separate addresses, an operation that may be designed to mask the trail of money and complicate efforts to track money.

“Our system has identified suspicious transfers of address links related to Mask Network founder Suji Ya. The stolen assets quickly converted to ETH and were dispersed across multiple addresses, indicating a good attempt to launder. This incident highlights the increasing maturity of threat actors in the Web3 field and highlights the urgent need for real-time transaction monitoring, preventive prevention and rapid incident response.

Mask NetworkThis is a convergence of mainstream social media with blockchain technology, and no official statement has been issued that confirms the hack.

However, founder Suji Yan has confirmed the hack on his social media. According to him, this kind of hack could have occurred yesterday’s birthday party. Yan mentioned the idea of ​​an offline attack because he temporarily left his phone during the party.

Overall, Yan confirmed that the funds were transferred manually from his wallet. More details are yet to be revealed.

“I was 29 years old 6 hours ago. About 3 hours ago, one of my public wallets was stolen. All the stolen transactions seemed to have been manually transferred and lasted for over 11 minutes. So my private key was compromised on my birthday, the hacker manually moved the funds, or it could be an offline attack. I was at a private party with a dozen friends and my phone was away from me for a few minutes, just like I went to the bathroom. I trust my friends, but this situation is a nightmare for anyone. Write On X (formerly Twitter).

Encryption hackers and scam It increased significantly in the first two months of 2025. Last week, North Korea’s Lazarus Group Performed the largest hacker attack in encryption history bybit attack.

At the same time, several High-profile social media accounts are almost often hacked Promote fake meme coins. The latest events are part of the growth trend that plagues the industry.