$9.7M Lost as Triple-A Payment Protocol Hacked Across Multiple Chains
The cryptocurrency space has been plagued by yet another hack, this time targeting Triple-A, a payment protocol that enables global transactions. According to PeckShieldAlert, hackers drained over $9.7 million from multiple chains, including TRON, Ethereum, Polygon, and Arbitrum.
Notably, the stolen funds were bridged to Ethereum, a common tactic in recent hacks. The total amount lost could be even higher as deposits are still live, and new funds continue to be drained from Triple-A wallets.
The silence of the Triple-A team has been met with criticism from users, who suggest that the company is downplaying the severity of the situation or even covering it up. Some have speculated that the exploit may not be a hack at all, but rather an inside job by a developer.