Several reports say X 100 Global suffered a devastating governance takeover on Saturday, after attackers reportedly captured two of its three Senate seats and exploited their majority to raid the project’s treasury. Blockaid traced approximately $4.85 million in USDT proceeds and additional token withdrawals. The X token plunged more than 96%, while liquidity evaporated across […]
Source: https://news.bitcoin.com/security/x-100-global-loses-millions-as-three-seat-senate-is-hijacked/