Venus Protocol user hit by cyberattack
Incident
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The Venus Protocol user suffered a social engineering attack on September 2, 2025, after attackers used a compromised Zoom client to gain access. The malicious transaction gave them delegate status over the account and let them drain funds. Rapid detection and response enabled recovery of about $13 million, limiting the loss and further abuse.
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Timeline
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23.09.2025 20:13 1 articles · 8mo ago
Venus Protocol user compromise via social engineering
Exploitation ObservedA Venus Protocol user was targeted on September 2, 2025 in a social engineering attack in which malicious actors used a compromised Zoom client to gain system access and manipulated the user into submitting a blockchain transaction that granted delegate status over the account, giving the attackers direct control to borrow and redeem assets on behalf of the victim.
Show sources
- Eurojust Arrests 5 in €100M Cryptocurrency Investment Fraud Spanning 23 Countries — thehackernews.com — 23.09.2025 20:13
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23.09.2025 20:13 1 articles · 8mo ago
Venus Protocol recovery after malicious transaction
Victim Impact UpdateAfter the malicious transaction, Venus Protocol paused within 20 minutes, blocking further movement of funds; over the next 12 hours the protocol force-liquidated the attacker's wallet, recovered stolen funds worth approximately $13 million, resumed full service, and passed a governance proposal to freeze $3 million in assets still controlled by the attacker.
Show sources
- Eurojust Arrests 5 in €100M Cryptocurrency Investment Fraud Spanning 23 Countries — thehackernews.com — 23.09.2025 20:13
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23.09.2025 20:13 2 articles · 8mo ago
Chainalysis disclosure of Venus Protocol attack mechanics
Technical Analysis UpdateChainalysis disclosed on September 23, 2025 that the Venus Protocol compromise was rooted in social engineering through a compromised Zoom client, and that early detection and swift action limited the loss while enabling recovery of approximately $13 million; the disclosure also noted the governance proposal to freeze $3 million in attacker-controlled assets.
Show sources
- Eurojust Arrests 5 in €100M Cryptocurrency Investment Fraud Spanning 23 Countries — thehackernews.com — 23.09.2025 20:13
- Eurojust Arrests 5 in €100M Cryptocurrency Investment Fraud Spanning 23 Countries — thehackernews.com — 23.09.2025 20:13