A Venus Protocol user lost $13.5 million in a phishing scam. The platform confirmed it wasn’t a smart contract flaw and paused operations to review security.
Venus Protocol swiftly recovered $13.5 million in crypto stolen from a user in a phishing attack, coordinating with security firms to secure funds and restore operations within 12 hours. The victim, Kuan Sun, publicly thanked the platform and its partners for their rapid response.