[PORT3 Token Hacked, Attacker Illegally Minted 1 Billion Tokens and Sold Them]
The PORT3 token was hacked, with the attacker illegally minting 1 billion tokens and dumping them on the market.
According to AiCoin's real-time on chain monitoring, at 07:24 (UTC+8) today, the "Calm Open King" continuously added SOL short positions, with a total of 4711 SOLs added and a value of $600 million.
As of press time, the value of its SOL empty position is as high as $285.4 million, with a floating loss of $200000.
Whale Address: 0x9263c1bd29aa87a118242f3fbbba4517037f8cc7a
On chain data shows that a newly created wallet address (0x5664000451f9249527ed1e11359728c86b86150) received 21500 ETH worth $60.04 million, with funding coming from FalconX. The wallet may belong to Bitmine or SharpLink, but it has not been verified yet. (Onchain Lens)
Crypto ATM operator Crypto Dispensers is evaluating a $100 million potential sale, mere days after its founder was charged in relation to an alleged $10 million money laundering conspiracy. The firm mentioned “rising fraud exposure, regulatory pressure, compliance demands, and low repeat usage” as reasons it has pivoted in recent years towards software operations, but did not mention the charges in its announcement.
The PORT3 team has removed on chain liquidity to prevent hackers from further cashing out. Mexc and Bybit exchanges have disabled PORT3 recharge, while Gate.io exchange still allows PORT3 recharge. (BWEnews)