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ZachXBT: Prisma attacker 0x77 is suspected of multiple attacks and his personal information is already in hand

ZachXBT: Prisma attacker 0x77 is suspected of multiple attacks and his personal information is already in hand

CointimeCointime2024/04/17 01:10
By:Cointime

On-chain detective ZachXBT has released an investigation into the suspected $11.1 million Prisma vulnerability exploiter 0x77 (Trung) and the multiple vulnerabilities involved. On March 28, 2024, the Prisma team observed a series of transactions on the MigrateTroveZap contract, resulting in a loss of 3257 ETH (approximately $11.1 million). Initially, the attacker communicated with the Prisma deployer, claiming it was a white hat attack. However, later that day, all funds were transferred to Tornado Cash, contradicting the previous statement. The exploiter began making excessive demands, requesting a $3.8 million (34%) white hat bounty. This amount is far higher than the industry standard of 10% and is essentially extortion on the team, as the treasury does not have enough assets to compensate users.

Through on-chain tracking, PrismaFi vulnerability exploiter 0x77 was implicated in the Arcade vulnerability exploit event in March 2023, the Pine protocol vulnerability event starting in February 2024, and the exploiter's address is linked to the Modulus Protocol deployer's address. 0x77 is one of the few followers of the project, strengthening the connection between each event. Further analysis of the suspected fraudster's phone number, email, and other details has been conducted. From their posts on X, it can be seen that they have a strong technical background. Currently, all personal details have been compiled, and the Prisma team is pursuing all possible legal avenues in Vietnam and Australia. ZachXBT urges the fraudster to return the funds as soon as possible to prevent further escalation and save time for everyone.

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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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