HAI Token drops 99% after private key leak, resulting in theft of $250,000 worth of tokens.

From Cointelegraph

June 22, 2025 10:55 PM:

Cybersecurity firm Hacken reveals a private key leak that allowed a bad actor to steal $250,000 worth of Hacken Token, causing a 99% drop in value. Hacken revoked the compromised minter account but the hacker still escaped with the funds. HAI is currently trading at $0.00026.

Hacken’s bridge suffered a private key leak during architectural changes, leading to the hack. They have paused bridge transactions on Ethereum and BNB Chain as a precaution. Hacken CEO stated that tokens bought after the hack will not be supported in the new tokenomics plan.

Hackers stole over $1.63 billion in crypto in the first quarter of 2025. Another recent hack involved an attacker minting $27 million worth of mpETH tokens but only stealing $132,000 in Ether. Hacken aims to convert HAI into a security token to merge token utility with equity rights.

Read more at Cointelegraph: HAI Token Drops After Private Key Leak