Blockchain analyst Ai Yi reports malicious selling after a market-making account breach, with $9.09 million profited from token dump, as RVV team works to resolve the incident.
Alpha token RVV recently launched on Binance Alpha, saw a sharp decline after on-chain data revealed that compromised accounts sold tokens worth $9.09 million. The project's multi-signature wallets transferred 800 million RVV tokens, which were distributed and later dumped. Two primary addresses earned over $6.18 million through these sell-offs. The team confirmed the breach of a market-making account and is actively tracking the losses.