No, Ripple-Backed Ethereum DeFi Protocol Squid Router Isn’t Drained for $3 Million – U.Today

May 26, 2026 - 05:30
No, Ripple-Backed Ethereum DeFi Protocol Squid Router Isn’t Drained for $3 Million – U.Today
Cross-chain platform Squid Router, which recently raised $6 million from Ripple, mistakenly found itself at the center of a scandal due to a hacker attack on third-party software with a similar name. Initial reports on social media claimed that $3 million had been stolen from the protocol, but on-chain analysis and official statements from the developers refuted...

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