LayerZero Executor Wallet Move Confirmed as Operational, Not Hack
PeckShield confirmed that the movement of approximately $2.1–$2.4 million from a LayerZero Executor wallet was part of normal operational rebalancing, not a hack. Earlier alerts from Specter and others flagged the activity as a potential exploit, but further analysis showed the funds were transferred across chains via Stargate/Relay for routine operations.
Detected & updated continuously · Source: Nebula
LayerZero (zro)
@peckshield
@SpecterAnalystSources
@crypto_banter
🚨UPDATE: LAYERZERO EXECUTOR WALLET MOVE WAS NOT A HACK! PeckShield confirms the ~$2.1M–$2.4M fund movement across chains, including to Ethereum via Stargate/Relay, was part of normal operational rebalancing. No attack occurred. No user funds at risk. https://t.co/WhaCweOLdb
@crypto_banter
🚨LAYERZERO EXECUTOR WALLET DRAINED OF $2.1M! Suspicious activity on a LayerZero Executor wallet resulted in ~$2.1M lost across multiple chains. The attacker bridged funds to Ethereum via Stargate and Relay. Current holdings: 955 ETH (~$1.78M) + $322K USDC. https://t.co/LWxUXsLsYY
@coinbureau
⚠️ALERT: LAYERZERO EXECUTOR WALLETS EXPLOITED FOR $2.4 MILLION Specter flagged an apparent attack on LayerZero Executor wallets across Ethereum, BNB Chain, Base, Arbitrum, Avalanche, Optimism, Mantle and Plasma. The attacker bridged the stolen funds to Ethereum and swapped most https://t.co/PaN2sZeNWE