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~$3.55M in unclaimed bridge balances moved via EIP-7702; cause still open

mediumEthereumcustody

55M of long-unclaimed balances from NEAR Rainbow Bridge and Polygon Agglayer withdrawals being claimed and moved out through valid EIP-7702 delegations. eth had messaged the owner of EOA 0x4943…c9f4 that the funds were still claimable.

22M). Phalcon stresses the authorizations were valid on-chain and that this does not show whether the owner signed knowingly, was tricked, or had a compromised key. No owner statement, recovery, or freeze found in our pass.

Research snapshot from Phalcon, Tozvan, and The Defiant.

369 take

Forgotten claimable balances are being hunted. A delegation or claim signature can hand over everything behind an address. Treat unexpected claim or EIP-7702 prompts as high risk.

Upgrade this card only if the owner or a firm confirms unauthorized access.

Sources