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Pre-Pump Sniped by Hackers? ZachXBT Determines Humanity Private Key Leak and Pre-Pump Anomaly as Separate Incidents

2 hours ago

June 9 — On-chain sleuth ZachXBT has issued an update on today’s $31 million security incident impacting Humanity. After a deep dive into fund flow data, ZachXBT concludes the team is highly unlikely tied to an inside job or exit scam. The official statement confirming a private key leak is accurate, but the hack actually stemmed from a frontrunning attack that hit right before the token’s unlock time. Crucially, today’s private key leak is a separate incident from the earlier abnormal price spike of the H token. ZachXBT also flagged red flags about the team artificially propping up H’s token price through suspicious liquidity protocols and off-exchange whale trades in the lead-up to the June 25 unlock (when investor and early contributor holdings become available). Per ZachXBT’s analysis, the team likely did this to either smoothly offload their own holdings or ease selling pressure ahead of that upcoming unlock event.
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