Shezmu's ShezETH Hacked, 9,900 ShezETH Mints Extra

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September 21, 2024
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According to ChainCatcher, Web3 security firm Ancilia, Inc. has observed that the ShezETH token appears to have been compromised, potentially due to a key leak. An additional 9,900 ShezETH tokens were minted and exchanged for 332 ETH (worth $880,000).

Furthermore, ShezmuUSD has also been hacked. It remains unclear whether this incident is related to the Deployer key leak. The collateral contract lacks mint protection, allowing anyone to mint collateral tokens.

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