Multichain Executor has been ‘draining’ AnySwap tokens: Report

DAI conversion by the Multichain Executor. Ethereum blockchain data reveals that this address received the redeemed DAI from the Multichain Executor on July 10, about five minutes after the previous transaction.Data for BNB Smart Chain (BSC) reveals that the Multichain Executor also called the anySwapFeeTo function on its network for $208,997 worth of anyUSDC. The mystery started on July 7, when over $100 million worth of tokens were withdrawn from the Ethereum side of Multichains Fantom, Moonriver and Dogechain bridges and sent to wallet addresses with no previous transactions.

The report follows outflows of over $100 million from Multichain bridges that occurred on July 7, which were reported by the Multichain group as “irregular.” The Multichain Executor address has been draining anyToken addresses across many chains today and moving them all to a new EOA pic.twitter.com/gqDaXMBl96— Spreek (@spreekaway) July 10, 2023

Ethereum blockchain data shows that this address got the redeemed DAI from the Multichain Executor on July 10, about five minutes after the previous transaction.Data for BNB Smart Chain (BSC) shows that the Multichain Executor also called the anySwapFeeTo function on its network for $208,997 worth of anyUSDC. The mystery began on July 7, when over $100 million worth of tokens were withdrawn from the Ethereum side of Multichains Fantom, Moonriver and Dogechain bridges and sent out to wallet addresses with no previous deals.

A person is using the Multichain Executor to drain pipes tokens connected with the AnySwap bridging protocol, according to a July 10 report from on-chain sleuth and Twitter user Spreek. The report follows outflows of over $100 million from Multichain bridges that took place on July 7, which were reported by the Multichain team as “irregular.” The Multichain Executor address has been draining anyToken addresses across many chains today and moving them all to a brand-new EOA pic.twitter.com/gqDaXMBl96— Spreek (@spreekaway) July 10, 2023

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