Security· ★★★· neutral·

Agora Freezes AUSD Account Tied to Initia Exploit

  • —An Ethereum address tied to the Initia attack was frozen
  • —1.4 million AUSD was swapped for ETH before the freeze
  • —Agora said it has no contracts deployed on Initia
Why it matters: The freeze shows stablecoin issuers can block hacker funds, though part of the assets had already been moved out.
#AUSD#ETH
Source: The Defiant
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