CroSat
blockchainOct 10, 2026AI summary

$3.55M in Unclaimed Bridge Funds Moved Using EIP-7702

Transfers involving EIP-7702 moved $3.55 million in unclaimed bridge funds, but BlockSec says valid authorizations do not prove the wallet owner knowingly approved them.

$3.55M in Unclaimed Bridge Funds Moved Using EIP-7702

A total of $3.55 million in unclaimed bridge funds was moved through transactions using EIP-7702, according to The Defiant.

BlockSec said the transactions carried valid account authorizations. However, those authorizations alone do not establish that the wallet owner knowingly consented to the transfers.

The findings leave the owner's awareness unresolved, highlighting a distinction between technically valid authorization and informed approval.

Source: The Defiant

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