Nahimdhaney

I want to share a quick story from a friend, who recently had ~$450k almost phished from a wallet Thanks to @SEAL_911 - it was all completely recovered and returned. A happy ending that deserves highlighting! I knew SEAL 911 existed, but this was the first time I've saw them in action. Here's the story: A friend got phished from a fake Ledger Live app (on the Apple App Store 2 weeks?!). His ETH was staked on Figment, and the phisher executed the withdrawal transaction, and the ETH entered the withdrawal queue. He reached out to the Seal 911 group and within 15 min, he was on a discord call with the White Hat Recovery team. You could imagine how shitty my friend felt, assuming that the $450k of ETH was simply going to be withdrawn and immediately captured by the attacker. They made him feel at ease, shared case studies of similar rescues and said they charge 5% (totally agreeable amount imo) of whatever funds they recovered. The tension was all down to the single block that the ETH became available for withdrawal after the exit-queue finished. $450k riding on a 12 second window. My poor friend had to wait 4 days while this all hung in the balance lol. The day finally came. Seal 911 has set up a script with Flashbots to engage in the bidding war required to access the funds. At 11pm that night, he received the long-awaited message: “got it all, best possible outcome.” Within 10 min, the funds were distributed to his new ETH wallet and the job was done. Kudos to the Seal 911 team, really amazing group of professionals.

🚨 INSIGHT: DeFi projects urgently need to combat AI-assisted attacks, with AI-assisted defenses, or they may cease to exist. Feat @zacodil via Cointelegraph Magazine