Blockchain research firm Blockaid has linked the attacker to a similar exploit in March 2025 that saw $5 million drained from 1inch. This time, 1inch has asserted that although they use TrustedVolumes as a resolver, the exploit did not involve any of their systems.
TrustedVolumes suffers $6.7 million exploit
TrustedVolumes, a resolver and market maker used by 1inch and other defi platforms, suffered a $6.7 million exploit after an attacker was able to steal funds without proper validation. The thief then swapped the stolen wETH, USDT, wBTC, and USDC through ChangeNow and converted them to ETH to evade freezes.