Synthetix governance moves 428,000 SNX stolen in Mercado Bitcoin hack

Nov 3, 2026 00:49 (3h ago)

Synthetix governance transferred stolen SNX from the Mercado Bitcoin attacker’s wallet.
428,000 SNX were moved, with an estimated value of $76,000.
The Synthetix Protocol DAO address received the transferred tokens.

Synthetix governance transferred 428,000 SNX, worth about $76,000, from the attacker’s wallet in the Mercado Bitcoin hack to the Synthetix Protocol DAO address. A DAO (decentralized autonomous organization) is a blockchain-based governance structure used to manage protocol decisions and assets.