PANews reported on March 22 that on-chain analyst Ai Yi analyzed the behavior of the Resolve attackers on the X platform. The analysis shows the attackers minted 50 million USR by issuing 100,000 USDC and subsequently purchased about $4.55 million worth of ETH.

The attackers later issued 80 million USR using 200,000 USDC and had already purchased 9,111 ETH. Total ETH purchases reached 11,422 ETH, worth roughly $23.66 million.

They converted 35 million USR into wrapped USR (wstUSR) and continuously swapped it for USDC and USDT. The on-chain activity illustrates a staged sequence of token issuance, wrapper conversion, and ETH accumulation.

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