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In Initia exploit, 1.4M AUSD stablecoin tokens went to an attacker

The Cryptonomist·October 24, 2026·1 min read
In Initia exploit, 1.4M AUSD stablecoin tokens went to an attacker

An attacker moved 1.4 million existing AUSD stablecoin tokens to their address in an exploit affecting a third-party product on Ethereum, Agora said on October 23, 2026. The issuer denied that new AUSD was minted on Initia, disputing claims about the source of the tokens.

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