A hacker remotely replaced the MetaMask wallet used by Hugh Karp, CEO of Nexus Mutual, the DeFi protocol. Hacker takes action to send the CEO’s funds to his wallet. The hacker captured Karp’s 370,000 NXM, about $ 8 million. Using a modified combination of Metamask and hardware wallet, the hacker had Karp signed a different transaction that tricked Karp and transferred funds to his address.

Karp described the attack as “a very good trick” and “the next stage.” He also said that the hacker would have a hard time cashing in such a large amount of NXM and said, “If you return NXM in full, we will cancel all investigations and give you a $ 300,000 reward.”

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