Institutional entity loses $2.3M in MORPHO tokens to theft within two weeks of a $3.5M similar incident, funds routed through Tornado Cash.

Security & Exploits · 2026-10-21

An institutional entity lost approximately $2.3 million in MORPHO tokens that were subsequently routed through Tornado Cash, occurring less than two weeks after the same entity experienced a $3.5 million theft through a comparable incident.

Previously on Telem

Morpho launches Midnight, enabling receivable-backed credit markets onchain 2026-10-20
Morpho controls $597.82M TVL on Robinhood Chain, over fifty percent 2026-10-18
BiFi.finance loses $165.4K to interest-computation exploit on USDT market 2026-10-18
Ledger launches crypto loan feature for wrapped Bitcoin collateral 2026-10-07