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cryptoJun 2, 2026, 1:40 PM

Wallet Drainer Steals 316K USDC, Swaps to ETH

A 2-month-old wallet was drained of 316,000 USDC, which was quickly swapped into ETH via two transactions.

USDCETH

A wallet drainer has compromised a 2-month-old wallet, stealing 316,000 USDC. According to Web3 Antivirus, the wallet had primarily been used for DEX swaps before the incident.

The stolen USDC was swiftly converted into ETH through two transactions—one worth approximately $47K and another around $268K. Users are advised to review wallet activity, approvals, and risk exposure via Web3 Antivirus tools.

Source: Cointelegraph