Agora freezes $AUSD account after 1.4M $AUSD swap linked to Initia attacker

Agora froze a $AUSD account after a 1.4 million $AUSD swap, with security researcher Spreek linking the address to the Initia attacker. The 1.4M $AUSD was removed from an Ethereum bridge adapter in the exploit, involving existing tokens; Agora says a third-party product was hit and no $AUSD was minted on Initia. The freeze on Ethereum came over an hour after the swap to ETH, not a recovery of those funds.

Detected & updated continuously · Source: Nebula