PANews reported on March 22 that, according to on-chain analyst Yu Jin, the attacker who minted 80 million USR using 200,000 USDC through a minting vulnerability in the Resolv stablecoin USR has now exchanged most of the USR for ETH.
Currently, 43.26 million USR has been sold and converted into USDC and USDT, which has been used to buy 11,437 ETH (US$23.84 million). The remaining 36.74 million USR is still being sold off, but because the price of USR has fallen by 88%, it is now only worth US$2.04 million.
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