Cybersecurity incident — 2022-04-12 00:00:00
Affected organization: Elephant Money
Affected country: Undetermined
Industry: Finance and Insurance
Event type: Exploitive
Event subtype: Exploitation of Application Server
Motive: Financial
Actor: Undetermined
Actor type: Criminal
Actor country: Undetermined

Elephant Money, the decentralized finance (DeFi) protocol behind the ELEPHANT token and the TRUNK stablecoin, announces that hackers stole $11.2 million worth of Binance Coin.