Hacked Crypto Market Maker Wintermute Has $200M in Outstanding DeFi Debt

Sept 21,2022
KingData News: Cryptocurrency market maker Wintermute, the victim of Tuesday's $160 million hack, has over $200 million in outstanding DeFi debt to several counterparties, according to on-chain data. The largest debt involves a $92 million tether (USDT) loan issued by TrueFi, which is due to mature on Oct. 15. Wintermute's loan book also includes a $75 million debt, comprised of USDC and wrapped ether (WETH), owed to Maple Finance and a $22.4 million debt owed to Clearpool.
This metrics provides a follow-up of hack incidents such as the exploitation of the Harmony-eco cross-chain bridge Horizon and the NFT lending protocol XCarnival.
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