Humanity Protocol Exploiter Swaps Loot for USDC, Deposits to KuCoin
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The movement of funds followed a pattern often seen in major crypto exploits. Assets were divided among multiple wallets and transferred in several transactions. On-chain records showed repeated ETH transfers ranging from 10 ETH to 50 ETH, alongside a larger transfer of roughly 500 ETH.
The attacker also conducted several token swaps before the KuCoin deposit. Transactions included conversions into stablecoins such as USDT and USDC. **Analysts noted that the funds were routed through different addresses to make tracking more difficult and obscure the origin of the assets.** #cryptocurrency