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Cyvers: Multiple suspicious transactions occurred on the ARB network, resulting in the theft of approximately $1.5 million.

Cyvers: Multiple suspicious transactions occurred on the ARB network, resulting in the theft of approximately $1.5 million.

CointimeCointime2026/01/05 09:24
By:Cointime

 Cyvers detected multiple suspicious transactions on the ARB network involving a proxy contract, resulting in a loss of approximately 1.5 million USD.

Preliminary analysis shows that the sole deployer of the USDGambit and TLP projects may have lost access to their account. The attacker then deployed a new contract and updated the ProxyAdmin permissions to control the account. The stolen funds were subsequently transferred to the ETH network and deposited into Tornado Cash.

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