Fetch.ai Hack

REPORTED LOSS $2.6M
Medium Access Control

What happened

Artificial intelligence research lab Fetch.ai has been granted a request to have major cryptocurrency exchange Binance identify individuals behind a $2.6 million hack.

According to a Friday Reuters report, the Royal Courts of Justice in London has ordered Binance to identify the hackers and seize the stolen assets. Fetch.ai reportedly claimed that hackers stole $2.6 million worth of cryptocurrency from its Binance account on June 6 and resold the tokens for a significantly reduced price.

Case & protocol details

Classification Other
Protocol Type Exploit/Access control
Affected asset / contract FET
Official Website fetch.ai/
Protocol Twitter/X @Fetch_ai

Evidence & learning

Attack pattern

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Access Control Attacks

Sources and on-chain records

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