More than 100 wallets across Ethereum and BNB Chain were compromised in a suspected theft that drained approximately $1.2 million in under four hours, according to Scam Sniffer monitoring data. The stolen assets, consisting of USDT, USDC, and ETH, were transferred to a single address. All funds were subsequently swapped into ETH following the consolidation, suggesting an attempt to obscure the trail or prepare for further laundering. The incident highlights ongoing risks associated with wallet security on major EVM-compatible chains.