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$3.1 million in EIGEN tokens stolen and sold

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Original URL: https://web3isgoinggreat.com/single/eigen-token-theft

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Around 1.67 million EIGEN tokens belonging to an investor in the popular Ethereum-based EigenLayer project were stolen after the investor was tricked into transferring the tokens into the attacker's wallet. The thief then sold the tokens for around $3.1 million, although the tokens were notionally worth around $5.5 million. Some of the stolen funds were later frozen by centralized exchanges.

After the incident, some questioned why the tokens had been sent to an investor without a vesting contract, given they were supposed to be locked for a period of time to prevent sale.

Posted on:2024-10-08 16:29:02

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