PANews reported on January 5th that, according to Cyvers Alerts, multiple suspicious transactions involving proxy contracts were detected on Arbitrum (ARB), with an estimated loss of approximately $1.5 million. Preliminary analysis indicates that a single deployer of the USDGambit and TLP projects may have lost access to their accounts. The attacker then deployed a new contract and updated the proxy administrator (ProxyAdmin) privileges to gain control. The stolen funds were subsequently bridged to the Ethereum network and deposited into Tornado Cash.