Rabby Wallet Facilitates Recovery of $85,740 Post-Multichain Collapse
A Rabby Wallet user has successfully recovered $85,740 in USDC, previously inaccessible after the Multichain exploit. This highlights the wallet's capability to interact directly with smart contracts when project frontends fail.
The recovery process involved bypassing the defunct Multichain website to execute necessary smart contract functions. This incident underscores the value of self-custody tools providing deep blockchain interaction visibility. Meanwhile, legal proceedings in Singapore continue, with KPMG appointed as joint liquidators to oversee the distribution of remaining assets to creditors.


Cryptovka
Rabby Wallet Enables Recovery of $85,740 Following Multichain Collapse
A user of the Rabby Wallet ecosystem has successfully retrieved $85,740 in USDC that had been inaccessible since the catastrophic exploit of the...
