Singapore Payments Firm Triple-A Hit by Multi-Chain Hot Wallet Drain

Triple-A, a Singapore-based payments firm, has been hit by an ongoing security incident involving its hot wallets across four blockchains.

According to on-chain investigator Specter and security firm PeckShield, attackers have drained assets worth over $9.3 million from TRON, Ethereum, TON, and Solana, with the proceeds consolidated on Ethereum.

The incident follows a similar pattern of hot wallet compromises, where funds are rapidly swapped and pushed through cross-chain bridges into a single Ethereum wallet, making it easier to convert stolen tokens into liquid, launder-ready positions.