293 Million SUPRA Gone: Solido Money Tracks Hacker Funds to Major Exchanges
TLDR
- Solido Money published a forensic report on a recent hack that drained approximately 293.7 million SUPRA from the protocol
- Two separate exploit waves both targeted an oracle misassignment flaw that caused collateral to be massively overvalued
- Around 84%, or 246.9 million SUPRA, has been traced to centralized exchange infrastructure
- Approximately 220 million SUPRA was traced to a suspected Gate.io deposit address
- Solido is asking exchanges to freeze traced funds and preserve account records for potential law enforcement
Solido Money has released a detailed forensic report following a hack that took place on July 23, 2026. The report traces the flow of stolen funds and asks centralized exchanges for help recovering them.
⚠️ALERT: Solido reports an exploit drained 293.7M $SUPRA worth $900K.
Around 220M $SUPRA has reportedly been routed to a suspected Gate deposit address, with nearly 90% of the stolen funds believed to have belonged to the Supra Foundation.
The chain now holds just $950K in TVL… pic.twitter.com/147zAlvGeM
… Continue reading the full article at the original source below.
This content is automatically aggregated. Full credit goes to the original publisher (coincentral.com).
