This morning by phishing attack loss of more than 35 million dollars of the victim is suspected to be Continue Capital co-founder Lin Jinghong
On October 11th, Lin Sheng Hong, co-founder of Continue Capital, posted on the X platform that “I accidentally exposed that I didn't withdraw from the circle, and made headlines by doing a passive charity work.
In conjunction with the phishing attack on an address labeled by Arkham as belonging to Continue Fund this morning, which resulted in a loss of more than $35 million, the victim is suspected to be Lin Xiaohong, co-founder of Continue Capital. The attack resulted in the theft of 15,079 fwDETH from the address, which the hackers then quickly cashed out through trading, but due to a lack of liquidity, the value of the assets was drastically reduced to approximately $5.5 million.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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