CRYPTO
Arbitrum Perp DEX AFX Trade Drained of $24M, Offers Hacker 30% to Return It
DecryptThursday, July 23, 2026 at 10:24 AM
RedScroll Brief

The exploit hit a custody bridge AFX operates rather than the Arbitrum network itself, with the stolen funds quickly moved to Ethereum.
Desk copy
RedScroll Briefing
Extractive editorial brief — not a reprint of the original
What happened
The exploit hit a custody bridge AFX operates rather than the Arbitrum network itself, with the stolen funds quickly moved to Ethereum.
Why it matters
Crypto moves are a live stress test of liquidity, regulation, and narrative risk.
Background
Decrypt reported on this under crypto. RedScroll surfaces the signal with an extractive brief — not a reprint of the original article. Read the source for full reporting.
Timeline
Decrypt published: Arbitrum Perp DEX AFX Trade Drained of $24M, Offers Hacker 30% to Return It
Story is in today’s RedScroll edition. Follow the original source for updates.
Economic impact
Watch liquidity and volatility around Arbitrum Perp and Trade Drained — crypto markets reprice narrative risk quickly.
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Sources
Decrypt — original reporting. RedScroll provides an extractive briefing only.