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FilDA exploited for around $700k on ESC and REI Network

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A multi-chain crypto lending protocol called FilDA Finance saw a $700,000 exploit on April 23. Hackers used the Elastos Smart Chain (ESC) and the REI network to steal funds.

According to on-chain data shared in a blog post by FilDA, the hackers connected ELA tokens, the native cryptocurrency of ESC, to Binance Smart Chain (BSC), Ethereum, and finally to the popular crypto-mixer Tornado Cash.

“We became aware of a potential platform exploit in the early hours of this morning and continue to analyze on-chain activity working alongside CEX, security and ecosystem partners to help track and monitor these addresses.”

FilDA wrote in a statement.

Furthermore, Lending Protocol added that the team is already trying to track down the hackers with other security companies because they “discovered links to IP addresses as well.”

According to the data provided by Arkham Intelligence, the hacker has already transferred all the funds to various addresses. The address of the scalper, according to the data, currently holds approximately $40 in BNB and ETH.

FilDA has also suspended operations of ESC and REI Network until the current situation regarding the two platforms is resolved.


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