Multichain Collapse
$125M drained from Multichain bridge contracts a month after CEO Zhaojun's arrest; the team had lost MPC key access and evidence pointed to an inside job.
Loss
125.0M
USD
Victim dossier
Multichain
Total losses
$125.0M
1 incident
An archive of cryptocurrency security incidents — hacks, exploits, bridge failures and rug pulls, documented with on-chain evidence.
$125M drained from Multichain bridge contracts a month after CEO Zhaojun's arrest; the team had lost MPC key access and evidence pointed to an inside job.