Continue Capital Co-Founder Suffers $35 Million Phishing Attack

According to PANews, Continue Capital co-founder Lin Xiaohong revealed on the X platform that he inadvertently became a headline after a phishing attack resulted in significant financial loss. Lin's address, suspected to belong to Continue Fund, was targeted in a phishing attack, leading to a loss exceeding $35 million. The attack resulted in the theft of 15,079 fwDETH tokens from Lin's address. The hacker quickly liquidated the stolen assets, but due to insufficient liquidity, the value of the assets significantly dropped to approximately $5.5 million.