Inside Job Confirmed
New evidence has surfaced confirming that the recent breach within the WTK Network was an inside job. Initial reports suggested an external cyberattack, but detailed investigations indicate that team members may have orchestrated the breach themselves.
Breach Details and Irregularities
The breach occurred six days ago, marked by unusual deposit patterns that raised red flags. Key details include:
- Increased Deposit Frequency: Deposits surged from 0.17 per day to 0.46 per day, linked to the polygon bridge.
- Bitrue Exchange Activity: The tokens were transferred to Bitrue, a cryptocurrency exchange, where they were used for liquidity, all under the guise of legitimate network operations.
- Team-Controlled Wallets: Specific wallets labeled WTK team 01, WTK team 03, and WTK team Bitrue deposit 01 were involved in the suspicious token transfers.
This activity points to insider manipulation rather than an external hack.
Key Evidence Presented by Investigators
The investigation gained traction when a community analyst, known as user X, examined transaction histories and uncovered critical evidence. Findings included:
- Fraudulent Transactions: The same wallets previously used for token burns and liquidity provisioning were now linked to fraudulent activities via the polygon bridge.
- Massive Token Transfers: A total of 100 million $WTK tokens were moved between team wallets and deposited into Bitrue.
- BAYC Wallet Connection: Activity from the BAYC wallet, previously associated with team operations, reinforced the insider involvement theory.
The continuity of wallet usage, combined with the irregular deposit patterns following the bridge deployment, strongly suggests coordinated manipulation from within the WTK team.
Conclusion
As more evidence comes to light, it becomes increasingly clear that the WTK Network breach was not the result of external hacking but rather an orchestrated event by team insiders. This evolving situation raises serious questions about security and trust within the WTK Network.