$H Is the plunge a coincidence or a method of harvesting?

According to the latest market information, the Humanity Protocol (H) token recently experienced a sharp decline (about 88% drop within 24 hours), primarily due to private key leaks and hacker attacks.

The specific reasons and sequence of events are as follows:

1. Private key leak and hacker theft
The direct cause of this plunge was the leakage of a private key belonging to a Humanity Foundation member. The attacker exploited this vulnerability to steal assets from more than 17 wallets holding H tokens, resulting in an initial loss of over $5 million, which quickly expanded to over $30 million.

2. Hacker mass sell-off
After stealing a large amount of tokens, on-chain data shows that the attacker is frantically selling the stolen H tokens and exchanging them for Ethereum (ETH). This large-scale concentrated dumping directly caused the H token price to plummet, dropping to a intraday low of nearly $0.072, erasing the previous week's record high gains.

3. Official confirmation
Terence Kwok, the founder of the Humanity Protocol, has publicly confirmed the security incident and verified that the event is indeed related to the private key leak held by a Foundation member.