CroSat
blockchainOct 27, 2026AI summary

X100 Governance Takeover Followed by 4.85 Million USDT Exploit

Edited by Steinar Vigdel Kolnes, Editor, Oslo

An exploit involving X100 netted 4.85 million USDT following a governance takeover, according to The Defiant.

The Defiant reported that an exploit involving X100 netted 4.85 million USDT.

The outlet’s headline places the exploit after a takeover of X100’s governance, but the supplied material does not explain how control was obtained or how the funds were accessed.

No further details were provided about the timing, the parties responsible or any response from X100. The supplied report also does not indicate whether funds have been recovered.

Source: The Defiant

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