Summary
- Suspicious transactions were discovered in a wallet related to the "Mask Network" founder.
- Approximately $4 million worth of virtual assets were received, which were then distributed to other addresses.
- This transaction is suspected to be a hack.

Suspicious transactions, potentially from hacking, have been detected in a virtual asset (cryptocurrency) wallet associated with Suji Yan, the founder of Mask Network (MASK).
On the 27th, blockchain analytics firm Cyber Alerts revealed through X (formerly Twitter), "Our artificial intelligence (AI) system detected suspicious transactions from a wallet related to the Mask Network founder."
Cyber Alerts added, "The suspicious address received approximately $4 million worth of virtual assets, including Ethereum (ETH)," and "The various assets that were seized were converted to Ethereum and transferred to six different addresses."

Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.![[New York Stock Market Briefing] AI tech shares draw bargain hunting, lifting markets together… Dow sets another record high](https://media.bloomingbit.io/PROD/news/c018a2f0-2ff5-4aa8-90d9-b88b287fd926.webp?w=250)



