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Hyperliquid’s HyperVault Project Rugged for $3.6M, Devs Disappear
Yahoo Finance·2025-09-26 10:33

HyperVault developers have executed a rug pull on their Hyperliquid-based DeFi platform, draining approximately 3.6millioninuserfundsbeforedisappearinganddeletingallsocialmediaaccounts.PeckShieldAlertfirstdetectedabnormalwithdrawalsfromtheyieldprotocol,withfundsbeingbridgedfromHyperliquidtoEthereumandconvertedtoETH.TornadoCashConceals3.6 million in user funds before disappearing and deleting all social media accounts. PeckShieldAlert first detected abnormal withdrawals from the yield protocol, with funds being bridged from Hyperliquid to Ethereum and converted to ETH. Tornado Cash Conceals 3.6M Trail as Social Accounts Vanish The stolen funds followed a familiar pattern, with 752 ETH deposited into Tornado Cash to obscur ...