The suspected "private key leak" incident involving H tokens has continued for over 13 hours without any sign of abating.

PANews reported on June 9th that, according to Yu Jin's disclosure on the X platform, the so-called "private key leak" allowed attackers to continuously issue and sell H tokens on the BSC chain, issuing approximately 300 million H tokens and selling approximately 450 million H tokens, cashing out approximately $34 million (ETH+BNB). Currently, the liquidity pool for H on BSC has only about $13 left, and the on-chain price has fallen by about 99.9% to $0.0009; however, the price of a perpetual contract on a certain CEX is still around $0.09, resulting in a price inversion of about 100 times between the on-chain spot and contract prices, effectively creating two assets with separate price systems.

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Author: PA一线

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