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{"id":10286,"date":"2023-05-05T14:19:55","date_gmt":"2023-05-05T09:19:55","guid":{"rendered":"https:\/\/visegrad24.info\/merlin-dex-insider-draw-results-in-certiks-seizure-of-160000-in-stolen-funds\/"},"modified":"2023-05-05T14:19:55","modified_gmt":"2023-05-05T09:19:55","slug":"merlin-dex-insider-draw-results-in-certiks-seizure-of-160000-in-stolen-funds","status":"publish","type":"post","link":"https:\/\/visegrad24.info\/merlin-dex-insider-draw-results-in-certiks-seizure-of-160000-in-stolen-funds\/","title":{"rendered":"Merlin DEX Insider Draw Results in CertiK’s Seizure of $160,000 in Stolen Funds"},"content":{"rendered":"

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Blockchain security firm CertiK announced on May 4 that it had successfully blocked $160,000 in funds stolen from Merlin, a zkSync-based decentralized exchange that was recently subjected to a rogue internal carpet-pull. The fraudulent activity resulted in $1.8 million in losses for users last week.<\/p>\n

According to a Twitter thread posted on May 4, CertiK reiterated that the insider has pulled the Merlin DEX rug. However, the blockchain security firm stated that its efforts to collaborate with Merlin to recover the funds were unsuccessful because other project team members were unwilling to verify their true identities.<\/p>\n

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This lack of cooperation has complicated our efforts to verify and assist victims. We focus on working with law enforcement and have provided information to relevant US and UK agencies. <\/p>\n
We are exploring all possibilities to combat checkout fraud with the $2 million we have committed.<\/p>\n
– CertiK (CertiK) May 4, 2023<\/a><\/p><\/blockquote>\n