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HomeEthereumEthereum's RocketPool (RPL) Plunges 12% as Major Holder Allegedly Suffers Multimillion Dollar...

Ethereum’s RocketPool (RPL) Plunges 12% as Major Holder Allegedly Suffers Multimillion Dollar Phishing Attack

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Gamza Khanzadaev

Token of main Ethereum staking service RocketPool (RPL) suffers sell-off after multimillion greenback phishing assault

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One of many largest Ethereum (ETH) staking providers, RocketPool, suffered a multimillion greenback sell-off at this time, allegedly attributable to a phishing assault. In response to Lookonchain, round 85,900 RPL had been withdrawn from “poap.eth” after which exchanged for ETH, the equal of $3.8 million. The deal with itself probably belongs to the founding father of the POAP protocol, Patricio Worthalter.

Have you ever been phishing attacked? @worthalter @poapxyz

Looks as if Fake_Phishing66321 transferred your 85,898 $RPL ($3.83M) out.@zachxbt

— Lookonchain (@lookonchain) March 30, 2023

After exchanging all of the stolen RPLs for Ethereum (ETH), the attacker additional scattered the stolen funds between addresses marked “Fake_Phishing” and likewise despatched 17 ETH to Binance, PeckShieldAlert reported.

RocketPool (RPL) worth response

The sale attributable to the theft of RocketPool tokens from Worthalter’s pockets has nullified all of the optimistic worth motion of latest days. After dropping greater than 13% of its opening worth at one level, RPL nonetheless managed to recoup a few of its fall and is now quoted within the $43 per token space.

On the peak of the drop, RPL buying and selling quantity on Binance, the most important crypto change, reached 49,800 RPL inside 1 / 4 of an hour, roughly the day by day buying and selling price of the token.

RPL to USD by CoinMarketCap

Neither Worthalter nor POAP has to date commented on what occurred.

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