Lido Burns $3.7 Million $LIDO from Stolen Wallet of DeFiance Capital Founder and Remints it into New Wallet
Mar 25,2022,11:24
Staking protocol Lido Finance passed a community proposal to burn the 3.7 million $LIDO tokens from DeFiance Capital founder Arthur's stolen wallet and mint them into a new wallet controlled by the fund.
It is reported that another hot wallet containing approximately $3.9 million $LIDO was also stolen from DeFiance Capital founder Arthur's previous asset theft incident. 200,000 of these (approximately $720,000) have been stolen, and another 3.7 million staked $LIDOs (approximately $13.3 million) are being unlocked and transferred out in a linear fashion.
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