Multichain multiple bridge contract tokens have experienced a large abnormal outflow, with $130 million in assets flowing out of the Fantom bridge

Multiple bridge contracts operated by Multichain have experienced significant abnormal outflows of various tokens, including nearly all held assets in wBTC, USDC, USDT, and a few altcoins from Multichain's Fantom bridge, with a total value exceeding $130 million. Michael Kong, CEO of the Fantom Foundation, stated that an investigation is underway.

Additionally, Multichain's Moonriver bridge contract saw a token outflow of $6.8 million, with nearly all wBTC, USDT, USDC, and DAI flowing to an address starting with 0x48BeAD. An address identified as the Dogecoin bridge for Multichain has already seen over 600,000 USDC flow out.

Assets transferred from the Multichain Fantom bridge include at least $20 million in altcoins such as DAI, LINK, and USDT to an address starting with 0x9d57, while other transferred assets include 1,023 wBTC (approximately $30.9 million), 7,214 wETH (approximately $13.6 million), and $57 million USDC. (source link)