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Mask Network Founder Suji Yan Hacked for $4M in Crypto During Birthday, Funds Converted to ETH and Split

Suji Yan, founder of Mask Network, has reportedly been hacked, with approximately $4 million in cryptocurrency stolen from a public wallet linked to him
By: DeepNewz
Mask Network Founder Suji Yan Hacked for $4M in Crypto During Birthday, Funds Converted to ETH and Split

Suji Yan, founder of Mask Network, has reportedly been hacked, with approximately $4 million in cryptocurrency stolen from a public wallet linked to him. The stolen assets included various digital currencies such as 113 ETH, 923 WETH, 301 ezETH, 156 weETH, 90 pufET, and 48.4K MASK tokens.

The stolen funds were converted into Ethereum (ETH) and dispersed across six or seven different addresses. The transactions, suspected to have been conducted manually, took place over a span of 11 minutes.

The breach occurred during Suji Yan's birthday celebrations, with Cyvers Alerts suggesting a potential offline attack. Investigations are focused on determining the exact cause of the security lapse, including whether his private key was compromised.

This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz.

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