Blockchain

Suspicious outflows detected from wallet linked to Mask Network founder

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Onchain cybersecurity platform Cyvers detected suspicious outflows on Feb. 27 from an address linked to Mask Network founder Suji Yan.

According to Cyvers, other flagged addresses had received about $4 million in cryptocurrencies, primarily in Ether (ETH)-linked tokens.

The digital assets suspected to have been stolen included 113 ETH, valued at over $265,000 at the time of writing, 923 WETH, 301 ezETH, 156 weETH, 90 pufET, 48,400 MASK, 50,000 USDt (USDT) and 15 swETH.

Tracing the compromised transaction flow. Source: Cyvers Alerts

Following the initial…

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