TREE NEWS update: Wagyu has confirmed a data leak that exposed 4,580 orders linking public-chain deposit transactions, Monero destinations and client IP addresses. The breach ties on-chain deposit activity to Monero swap destinations and the IP addresses of clients who placed the orders.
Wagyu Confirms Data Leak Exposing 4,580 Monero Swap Records
The real exposure here is the linkage itself: a swap service's core value proposition is severing the trail between public-chain deposits and Monero destinations, and this leak collapses that separation for thousands of orders while adding IP addresses on top. Anyone who relied on Wagyu for that separation now has to treat the connection as public, which matters more than the order count. The open question is whether the leak was a one-off or reflects a structural handling problem at the service, since that distinction determines how much of the broader swap market's privacy assumption holds.
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