Analyst: 167,464 ETH and $1.6 billion USDT withdrawn from wallet labeled Binance According to researchers, a wallet labeled Binance sent 167,464 ETH and 63 other tokens, including 1.615 billion USDT. This occurred 3 minutes and 24 seconds after the EIP-7702 signed dispatch was installed. The dispatch was scheduled for 20:20:59 UTC, and at 20:24:23 another address called the sweep() function. The delegated code was strictly tied to the operator who received the money through Tornado. At 20:41:23 UTC, the same wallet, using the owner role in a separate smart wallet, withdrew another $780 million. According to their assessment, this path could have been opened by a stolen key or a malicious signature of the owner. It is not known how the signatures were obtained.

Analyst: 167,464 ETH and $1.6 billion USDT withdrawn from wallet labeled Binance According to researchers, a wallet labeled Binance sent 167,464 ETH and 63 other tokens, including 1.615 billion USDT. This occurred 3 minutes and 24 seconds after the EIP-7702 signed dispatch was installed. The dispatch was scheduled for 20:20:59 UTC, and at 20:24:23 another address called the sweep() function. The delegated code was strictly tied to the operator who received the money through Tornado. At 20:41:23 UTC, the same wallet, using the owner role in a separate smart wallet, withdrew another $780 million. According to their assessment, this path could have been opened by a stolen key or a malicious signature of the owner. It is not known how the signatures were obtained.