Humanity Hacker Drains $34 million, H Token’s BSC On-Chain Liquidity Depleted

BlockBeats News, June 9th. According to EmberCN's monitoring, due to a "private key leak" incident, there has been a continuous abnormal minting and sell-off of the H token on the BSC chain for approximately 13 hours. The attacker can still mint new tokens on the chain and continue to sell. The address has minted approximately 300 million H tokens and has sold a total of about 450 million H tokens, obtaining around $34 million worth of assets (ETH + BNB).

Currently, the related liquidity pools on the BSC chain have been drained, with only about $13 in liquidity remaining. As a result, the price of H on the chain has dropped by about 99.9%, falling to around $0.0009; however, on centralized exchanges' perpetual contract markets, the price is still around $0.09, creating a price difference of about 100 times and causing a severe dislocation.