According to PeckShieldAlert monitoring report that Unleashed protocol experience unpleasant and authorized fund loss amounting to $3.9 million.

After initial investigation by Unleased protocol internal audits, it was discovered that an externally owned address gained administration control through Unleash’s multisig governance and thereafter carried out an authorized contract upgrade.

According to report from ‘Press Conference’, the impact appears limited to Unleash specific contracts and administrative control. The attacker (hacker) directly transferred the stolen funds across chains to the Ethereum network.