According to PeckShieldAlert, an exploiter linked to Li.Fi transferred approximately 807 ETH, valued at around $2.5 million, to three main new addresses. Subsequently, the exploiter laundered 1 ETH through TornadoCash and 0.1 ETH via eXch.

According to PeckShieldAlert, July 2024 saw 16 hacks in the cryptocurrency sector, leading to approximately $266 million in losses, excluding a potential governance attack on Compound. The most significant breach was on WazirX, resulting in a $230 million loss. Other notable incidents include a $24 million potential governance attack on Compound and a $9.73 million hack on LI.FI.