TREE NEWS update: A HashKey Chain administrator moved 142,818 USDT through a temporary contract swap, with the original deposit code restored roughly six minutes later. A three-of-five multisig retains immediate upgrade powers over the chain, meaning the same authority could repeat the operation without delay.
HashKey Chain Admin Moves 142,818 USDT in Temporary Contract Swap
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AI take
The size of the transfer matters less than the mechanism: a three-of-five multisig holding immediate upgrade authority over the chain can reroute funds through a temporary contract and restore the original code minutes later, leaving little on-chain trace of intent. For anyone holding or building on HashKey Chain, this makes admin key composition and upgrade governance the real risk surface, not the USDT amount. Whether such swaps become routine operational practice or remain isolated incidents is the open question worth tracking.
Generated by AI for reference only.
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