Full Story

resulting in about $700,000 in assets being blocked.

Of that, about 267,000 USDC was sent to a Chainflip deposit channel on the wrong chain, and the related address was subsequently blacklisted by Circle; another approximately 160 ETH (about $430,000) was bridged to Arbitrum and then sent to a channel that exists only on Ethereum, and the funds are currently stuck.

AMLBot believes the two transactions may have been executed by automated scripts.