So some genius cracked the card system of a European neobank and made off with $1.1M in crypto. And what happens to the bagholders? AVICI drops 49% from the daily high, hits a brand new all-time low, then barely crawls back. If you were holding, you know that gut punch — the one that says 'why the fuck am I still here?'.
▪️ The hack went after the card system, not the token contract or the exchange. But who cares? The token still got fucked.
▪️ Thieves stole $1.1M in assorted crypto from the card system's reserves. Nice work if you can get it.
▪️ AVICI nosedived 49% from the 24h high on the news, setting a fresh all-time low. Holders, meet your new reality.
▪️ Token bounced a bit when the team scrambled to lock down the card system. Too little, too late, as always.
▪️ No word yet on how they got in. Neobank is keeping quiet, probably figuring out how to spin this.
▪️ And who's left holding the bag? You guessed it: AVICI holders. Panic sell-offs did the rest.
📊 Amount stolen:
$1.1M📊 AVICI drop from 24h high:
49%📊 New all-time low:
YesIf you're holding AVICI, congrats — you're now a hostage to whatever the team does next. The hack hit the card system, not the token contract, so the token didn't get printed or stolen. It just got rekt because the market panicked like always. But here's the real kicker: if the neobank's card rails got popped, that whole 'crypto card' product line is now a giant red flag. Anyone using that card should be sweating bullets. The team better drop a full post-mortem fast, or the token's going to zero faster than you can say 'exit liquidity'.
💬 «The $1.1M exploit caused the neobank's AVICI token to drop 49% from a 24-hour high, hitting a record low before paring some of the losses.» — CoinDesk report
🔮 Classic playbook: users get rekt, team holds the bag of trust, token catches the bullet. Rinse and repeat.
@exverse_chat