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@ Crypto Relay
2025-02-27 16:24:25
Mask Network Founder Loses Crypto to Hackers
Mask Network founder Suji Yan lost nearly $4 million in a suspicious transaction on his birthday.
The blockchain security firm Cyvers detected the suspicious transactions linked to Suji Yan.
At the time of writing, the suspicious address had received nearly $4 million.
The incident is a coordinated laundering attempt.
Details of the Incident:
* Date: February 27
* Amount lost: nearly $4 million
* Founder affected: Suji Yan, founder of Mask Network
* Detection: by blockchain security firm Cyvers
The value of the lost crypto can also be represented in bitcoin, considering 1 BTC is priced at $85311 USD.
The lost amount of $4 million is equivalent to approximately 0.047 BTC.
https://news.bitcoin.com/mask-network-founder-suji-yan-loses-4m-in-crypto-to-hackers-on-birthday/
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