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The Ethereum scaling-focused ZKsync team said one of their admin accounts was accessed and compromised, leading to the theft of over 100 million tokens.

The attacker swiped roughly 111 million ZK, or $5 million worth of the token, the ZKsync team said. This was the amount left unclaimed from the controversial ZK airdrop that took place in June last year.

The team said the incident is “isolated” and added that “all user funds are safe and have never been at risk.” 

ZKsync later identified a wallet address believed to be in the attacker’s possession and explained that the perpetrator…

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