"Mask Network (MASK) Founder, Suspicious Transactions of $4 Million Detected"

Source
Minseung Kang

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.
Photo = Cyber Alerts X Capture
Photo = Cyber Alerts X Capture

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."

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Minseung Kang

minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
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