X100 governance capture and treasury withdrawals

What happened

Blockaid reported that attackers captured two of X100’s three Senate seats and realised about $4.85m USDT across the unfolding attacks. Chainalysis separately reported about $4.7m in extracted stablecoins.

The reports describe a treasury-token sale followed by another attacker’s actions against Freezer positions. The two estimates were published at different times; their exact scope relationship remains unverified in the available posts. This row uses Blockaid’s preliminary $4.85m realised-proceeds estimate; it does not add the estimates together or count the treasury tokens’ nominal value as an additional loss. Final reconciliation and recovery were not established by these initial reports.