Blockchain security firm freezes $160K stolen in Merlin DEX 'rugpull'
CertiK has contacted law enforcement in the U.S. and U.K. to find the pseudonymous operators. Smart contract auditor CertiK claims to have blocked $160,000 from Merlin, a zk-Sync-based decentralized exchange (DEX) which has been the center of a rogue insider "rugpull" that lost users $1.8 million last week. CertiK shared the news of its successful $160,000 freeze of the stolen funds in an update to its 257,700 Twitter followers on May 5. “We have successfully frozen $160K of the stolen funds with the help of partners,” CertiK said, adding that they’re continuing to monitor the movement of the stolen funds: We have successfully frozen $160K of the stolen funds with the help of partners. We will continue to monitor the movement of all stolen funds in an attempt to freeze and recover the remaining amount. — CertiK (@CertiK) May 4, 2023 The firm explained that they tried to “collaborate” with Merlin to recover the funds stolen from the April 25 " rugpull " but the e...