RetoSwap users lose $2.7 million to Haveno vulnerability

The RetoSwap decentralized exchange for trading the Monero privacycoin was exploited after an attacker exploited a vulnerability in the Haveno Monero exchange protocol used by the project. Users lost an estimated $2.7 million when their transactions were routed to the attacker's wallet.

Because Monero is a privacycoin, a type of cryptocurrency that obscures transaction details including sender and receiver wallets, it is not feasible to trace the stolen assets.