VeChain Loses 1.1B VET Tokens to Hacker in Attack on Buyback Wallet

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VeChain Foundation's wallet has been compromised in a hacker attack targeting funds earmarked for the foundation's buyback program.

Per a VeChain Foundation announcement on Dec. 13, an unknown hacker has redirected 1.1 billion VET tokens - valued at approximately $67,000 at press time - from the VeChain Foundation's buyback wallet to a personal wallet address.