Harmony Fraud Traced to 409 Wallets; Rollback Preferred as 53% Validators Patch

Investigators linked 10,288 fraudulent minting transactions to 409 wallets. Exchanges blocked funds while 53% of validators applied the emergency patch, with rollback deemed the primary fix.

Woofun AI reports that investigators have identified 10,288 transactions involving fraudulently minted tokens, tracing the flow to 409 specific wallets. Partner exchanges were alerted regarding suspicious top-up activities and have subsequently blocked the associated hacker addresses.

As of now, 53% of validators have completed the upgrade to the emergency patch issued four hours ago. The development team is evaluating remediation strategies, with a chain rollback currently viewed as the most viable solution. Further details are expected to be disclosed within the next few hours.