Pre-Pump Sniped by Hackers? ZachXBT Determines Humanity Private Key Leak and Pre-Pump Anomaly as Separate Incidents

BlockBeats News, June 9th - On-chain sleuth ZachXBT provided an update on today's Humanity $31 million security incident. After further analyzing the fund flow, ZachXBT believes the team is highly likely not engaged in an "inside job" or "exit scam." The official statement confirming the private key leak is accurate, but the team fell victim to a frontrunning attack by hackers before the unlock. Today's private key leak should be treated as a separate incident from the previous abnormal price spike.

ZachXBT also raised concerns about the team artificially inflating the price of the H token through suspicious liquidity protocols and off-exchange whale trades before the token unlock, aiming to smoothly offload their holdings or alleviate selling pressure ahead of the upcoming investor/early contributor unlock (around June 25th).