$9.7M Drained from Triple-A's Hot Wallets in Multi-Network Hack

Peckshield reported that attackers stole over $9.7 million worth of crypto from Triple-A's hot wallet infrastructure across Ethereum, Solana, TRON, and TON.

The funds were transferred on July 24 and July 25, with the largest single transaction moving 4,140 ETH into the wallet.

Security researchers believe the attacker gained control of Triple-A's internet connected hot wallets, which are used to process customer payments quickly.

The hacker focused on stealing stablecoins and other liquid assets, then rapidly swapped them on decentralized exchanges before bridging the funds to Ethereum.