"A wallet linked to Justin Sun pulled 274 million USDT from Aave 21 minutes after the rsETH market was frozen. The withdrawal coincided with KelpDAO's 292 million exploit on April 18."
"The 274 million USDT withdrawal was completed between 19:12 and 19:17 UTC, a five-minute execution window analysts say suggests pre-positioned transactions or automated triggers."
"The rsETH market freeze was triggered by the KelpDAO exploit, in which an attacker drained approximately 292 million from the protocol via a Layerzero bridge vulnerability."
"In the 24 hours following the exploit, whales pulled more than 5.4 billion from Aave, pushing the protocol into a state of heightened scrutiny."
A wallet associated with Justin Sun withdrew 274 million USDT from Aave just 21 minutes after the protocol froze its rsETH markets due to the KelpDAO exploit. The exploit involved an attacker draining approximately 292 million from the protocol, prompting Aave to halt the affected markets. The withdrawal occurred within a five-minute window, raising questions about potential pre-positioned transactions. The reasons behind the withdrawal remain unclear, and Sun has not publicly commented on the situation.
Read at news.bitcoin.com
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