According to ChainCatcher, the Holograph protocol was attacked this morning, and hackers minted 1 billion HLG tokens according to Beosin Alert. Some HLG has now been exchanged for USDT and transferred to the address acc01ade.eth.

The address then exchanged $1.3 million USDT for more than 300 ETH and dispersed the ETH to four addresses. A small portion of the funds were deposited into Tornado Cash and Railgun anonymous currency mixing services.