Cardano ecosystem project Empowa said three of its project wallets were involved in two related unauthorized asset transfer incidents. In the first case, about 143,710 ADA was moved out of a project treasury wallet in 18 transactions between November 2025 and June 2026. The wallet’s associated Midnight airdrop was also registered and claimed by an unknown party using the private key, and about 36,000 NIGHT has already been transferred out. In the second case, roughly 4.24 million EMP was moved from two other project wallets between June and August 2026, with part of the tokens sold through Minswap, VyFi and other venues. Empowa said the funds from both incidents ultimately flowed to the same intermediary wallet, leading the team to conclude they were controlled by the same party. The project added that it cannot yet identify who operated the private keys. Empowa said it has hired a professional blockchain investigations firm and plans to seek KYC information through the centralized exchanges that ultimately received the funds.
Cardano ecosystem project Empowa disclosed two related unauthorized asset transfer incidents involving three of its project wallets.
According to the project, about 143,710 ADA was transferred out of one project treasury wallet in 18 transactions between November 2025 and June 2026. The wallet’s associated Midnight airdrop was also registered and claimed by an unknown party using the private key, and about 36,000 NIGHT has already been moved.
Empowa also said that between June and August 2026, about 4.24 million EMP was transferred out of two other project wallets. Part of those tokens has already been sold through Minswap, VyFi and other platforms.
The project said funds from both incidents ultimately flowed to the same intermediary wallet, and it therefore believes the addresses were controlled by the same party. Even so, Empowa said it still cannot confirm the identity of the person or people who operated the private keys.
Empowa added that it has hired a professional blockchain investigations firm and plans to seek KYC information through the centralized exchanges that ultimately received the funds.
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