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TRX Tranche Vault on Avalanche drained of 1.01 million USDC
Blockaid reported that a flash loan allowed an attacker to mint inflated tranche shares and redeem the vault's USDC, according to The Defiant. A balance check showed none left in the identified contract.
Why “Unverified”
- Reported by The Defiant alone, with no second source or primary confirmation yet
1 independent source group across 1 post · evidence score 52/100. How labels work
What the sources claim
-
Blockaid says a flash loan enabled the attacker to mint inflated tranche shares and redeem the vault's USDC.
“a flash loan let the attacker mint inflated tranche shares and redeem the vault's USDC”
The Defiant -
A balance check found no USDC left in the identified contract.
“A balance check showed none left in the identified contract.”
The Defiant
Sources
More in Hacks & Security
Summary and claims extracted by AI with prompt analyze-story@5 on 2026-10-28 01:20 UTC. Labels are computed from the sources, not by the model.