Fraudsters steal $6 million from Tectonic crypto platform after inflating token price
Attackers inflated Tectonic's Tonic token price 100x in 20 minutes and borrowed $74 million against it, stealing $6 million before Cronos halted activity.
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Vendor
TRM Labs
- Mentions · 7d0
- Mentions · 30d0
- All mentions2
- First seenAug 26, 2026
- Last mentionedAug 31, 2026
Timeline
2 articles · newest firstU.S. Sanctions Iran-Linked Hackers Behind Critical Infrastructure Breaches
U.S. Treasury sanctioned nearly 60 Iran-linked entities, including MOIS-affiliated Mabna Institute hackers behind breaches of U.S. critical infrastructure and millions in crypto theft.
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Appears with
- Tectonicvictim · 1
- IRGCthreat actor · 1
- Mabna Institutethreat actor · 1
- U.S. Department of the Treasuryvendor · 1
- Cronosproduct · 1
- MOISthreat actor · 1
- U.S. Department of Statevendor · 1
- Crypto.comorganization · 1
- Tectonicproduct · 1
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