The DeFi trading and asset management project QuantMaster has confirmed a theft and has reported it to the authorities.

Golden Finance reported that a community member disclosed that a Web3 startup project lost hundreds of thousands of USDT due to hard-coded authorized wallet addresses in the smart contract code. According to reports, the DeFi trading and asset management project QuantMaster has stated that it is related to the stolen project party. A police report has been successfully filed, and the suspects have been basically identified. There are clear GitHub records of the submitted code (from a specific employee), and the device used to submit the code is also unique. Cursor has complete local AI records, which have been reviewed, ruling out the possibility of AI modifying the relevant code.