ZachXBT: An institution's 973,000 MORPHO tokens stolen, valued at approximately $2.3 million.

BlockBeats news, October 21: On-chain detective ZachXBT posted that an institution had two addresses totaling 973,000 MORPHO tokens stolen a few hours ago, worth approximately $2.3 million, and the relevant funds have been deposited into Tornado Cash. The thefts from both victim addresses involved EIP-7702 account delegation transactions.

According to his tracking, the entity behind one of the addresses was also stolen from for approximately $3.5 million on October 9. Those assets came from claims on an old cross-chain bridge, were then bridged from Ethereum to Zcash via NEAR Intents, and entered the Ironwood privacy pool. ZachXBT also pointed out that the victim address has an on-chain association with an address suspected to belong to Nima Capital.