NEAR Intents Vault Drained of $3.8M After Blocking $50M in Bitget Laundering Funds

The significance lies less in the loss size than in the target: an auxiliary deposit/withdrawal layer, not the core protocol, which is where cross-chain intent systems tend to accumulate custom logic and exposure. The decision to pause eleven networks and reimburse fully trades operational downtime for user confidence, but it also underlines that security guarantees at the intent layer can diverge sharply from the underlying L1, which the founder says was untouched. Whether that divergence gets priced into how such vaults are trusted, and whether the attacker's exchange cash-out route draws compliance attention, are the open questions.