In July 2023, the well-known cross-chain protocol Multichain was reported to have been hacked, with rumors of team members being taken away by the Chinese police. At the same time, an unusually large amount of user assets, reaching up to 126 million US dollars, were transferred abnormally. The affected public chains include Fantom, Ethereum, and Polygon, among others.
Fantom Aims to Recover $60 Million Losses by Liquidating Multichain Assets: Good News for Multichain Victims