February 27, 2025

Suspicious outflows detected from wallet linked to Mask Network founder

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According to Cyvers Alerts, Mask Network founder Suji Yan’s account is suspected of being hacked as a suspicious address received almost $4 million worth of cryptocurrency.

Onchain cybersecurity platform Cyvers detected suspicious outflows on Feb. 27 from an address linked to Mask Network founder Suji Yan.

According to Cyvers, other flagged addresses had received about $4 million in cryptocurrencies, primarily in Ether (ETH)-linked tokens.

The digital assets suspected to have been stolen included 113 ETH, valued at over $265,000 at the time of writing, 923 WETH, 301 ezETH, 156 weETH, 90 pufET, 48,400 MASK, 50,000 USDt (USDT) and 15 swETH.

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