Rekt - Phished Founder, Liquidated Thief

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Rekt - Phished founder, liquidated thief

AI summary of the linked article

A Venus Protocol user lost about $13 million in a phishing attack on September 2, and Venus responded by pausing the protocol and running an emergency vote to recover the funds. The victim, Kuan Sun, founder of Eureka Crypto, had a malicious Zoom client give attackers machine access, after which he signed a delegate approval transaction that let the attacker drain his wallet in one atomic transaction. The article states that Venus paused its core functions about 20 minutes after the heist and that a "Lightning Vote" approved a recovery plan unanimously. It also says Venus executed a liquidation about 12 hours later, and that the victim credited Venus, PeckShield, SlowMist, Binance and others with helping recover his funds.

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