Multichain Executor has been ‘draining’ AnySwap tokens: Report
A person is utilizing the Multichain Executor to “drain” tokens related to the AnySwap bridging procedure, according to a July 10 report from on-chain sleuth and Twitter user Spreek. The report follows previous outflows of over $100 million from Multichain bridges that happened on July 7, which were reported by the Multichain team as “unusual.” The Multichain Executor address has actually been draining pipes anyToken addresses throughout numerous chains today and moving them all to a brand-new EOA pic.twitter.com/gqDaXMBl96— Spreek (@spreekaway) July 10, 2023
The report follows previous outflows of over $100 million from Multichain bridges that occurred 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 new EOA pic.twitter.com/gqDaXMBl96— Spreek (@spreekaway) July 10, 2023
DAI conversion by Multichain Executor. Ethereum blockchain data shows that this address received the redeemed DAI from the Multichain Executor on July 10, about 5 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 anySwap United States Dollar Coin (USDC). The mystery began on July 7 when over $100 million worth of tokens were withdrawn from the Ethereum side of Multichains Fantom, Moonriver, and Dogechain bridges and sent out to wallet addresses with no previous transactions.
Ethereum blockchain information 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 likewise called the anySwapFeeTo function on its network for $208,997 worth of anySwap US Dollar Coin (USDC). The mystery began on July 7 when over $100 million worth of tokens were withdrawn from the Ethereum side of Multichains Fantom, Moonriver, and Dogechain bridges and sent out to wallet addresses with no previous transactions.