X 100 Global Loses Millions as Three-Seat Senate Is Hijacked
Several reports say X 100 Global suffered a devastating governance takeover on Saturday, after attackers reportedly captured two of its three Senate seats and exploited their majority to raid the project’s treasury. Blockaid traced approximately $4.85 million in USDT proceeds and additional token withdrawals. The X token plunged more than 96%, while liquidity evaporated across […]
Key Takeaways
- Several reports say X 100 Global suffered a devastating governance takeover on Saturday, after attackers reportedly captured two of its three Senate seats and exploited their majority to raid the project’s treasury.
- Blockaid traced approximately $4.85 million in USDT proceeds and additional token withdrawals.
- The X token plunged more than 96%, while liquidity evaporated across […]
Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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