Resupply announced the theft shortly afterwards, and stated that they had paused the vulnerable contract.
Resupply is a fairly new project, having officially launched on March 20 — about three months before the exploit.
...and is definitely not an enormous grift that's pouring lighter fluid on our already smoldering planet.
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Resupply announced the theft shortly afterwards, and stated that they had paused the vulnerable contract.
Resupply is a fairly new project, having officially launched on March 20 — about three months before the exploit.
Aza Ventures was initially hesitant to name the scammer, hoping they could pressure the scammer to return the stolen funds, but later reports quickly named Self Chain founder Ravindra Kumar as the alleged culprit. Kumar posted on June 19, "I've been accused of serious wrongdoing, which is completely false."
On June 23, Self Chain announced that they had terminated Kumar as CEO "due to recent developments that diverge from the founding vision".
zachxbt noted that Nieves seems to have a gambling problem, depositing much of the stolen funds into crypto gambling websites. "You’ll see onchain how casino deposits get smaller as he loses funds," wrote zachxbt. "Recently this escalated to the point where he started stealing cuts from accomplices." He also appears to have used some of the stolen funds on luxury goods, including a Corvette and expensive watches.
Gonjeshke Darande (also "Predatory Sparrow"), a hacking group with links to Israel, claimed responsibility for the theft, accusing the platform of serving as a "key regime tool" to finance terror and violate sanctions. The cyberattack comes shortly after Israel launched air strikes on Iran.