Humanity Price Plummets 10.3% as Attacker Funds Move

The cryptocurrency Humanity (H) has dropped 10.3% in the last 12 hours due to fresh evidence that the attacker behind its June 8 exploit is actively moving stolen funds onto centralized exchanges.

The attack on June 8 saw approximately $36 million worth of H stolen from the Ethereum bridge, with the attacker also minting additional tokens on BNB Smart Chain. Investigations linked the hack to North Korea-associated actors, further eroding trust in the token.

In response to the exploit, Humanity is migrating to a new audited ERC-20 H token on Ethereum, with a 1:1 airdrop to pre-exploit holders and a separate compensation fund for complex cases. However, any sign that the attacker is still able to move funds has triggered renewed concern.

The broader crypto market remains relatively flat-to-slightly-positive over the same period, suggesting that Humanity's price drop is primarily driven by token-specific factors rather than market-wide events.