rETH Holder Loses $4.5M in Hack, Recovers $47M in Assets

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A rETH holder lost $4.5 million after 13 wallets were hacked on June 5, according to on-chain data. The attacker is now laundering the stolen funds. The victim transferred $47 million in assets before additional losses occurred. The wallets had been inactive for years. Analysts are monitoring altcoins closely, as this incident underscores ongoing security risks in the crypto space.

Odaily Planet Daily reports that, according to Specter monitoring, a holder of rETH had 13 wallets compromised on June 5, resulting in an estimated loss of $4.5 million in assets. However, the victim detected the attack before the attacker could further transfer the funds and successfully moved approximately $4.7 million in remaining assets. It is understood that these wallets had been inactive for several years, and the attacker has now begun laundering the stolen funds.

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