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Sonic Labs Freezes Wallets Amid Suspected Beets Protocol Exploit

Sonic Labs Freezes Wallets Amid Suspected Beets Protocol Exploit

Author:

Global Cryptocurrency

Published:

2025-11-03 23:06:02

9

3

BTCCSquare news:

Sonic Labs has frozen two user wallets following the detection of suspicious activity potentially tied to an exploit on the Beets protocol. The security measure, enacted at 3:45 AM EST on November 3, 2025, aims to protect ecosystem integrity and user funds.

The company announced the freeze via its official X account, pledging close coordination with the Beets team. Blockchain explorer SonicScan lists the affected wallets: `0xf19fd5c683a958ce9210948858b80d433f6bfae2` and `0x045371528a01071d6e5c934d42d641fd3cbe941c`.

Wallet freezes are a standard defensive tactic in decentralized finance, temporarily halting transactions from addresses linked to potential exploits. Neither Sonic Labs nor Beets has disclosed technical details of the suspected breach.

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