Woofun AI reports that on-chain security analyst Specter identified a $2.96 million loss for a long-dormant PancakeSwap liquidity provider following a malicious EIP-7702 signature authorization. The attacker extracted approximately $1.48 million in BSC-USD and $1.48 million in BUSD from the victim's liquidity position, subsequently swapping the BUSD for ETH.

Currently, the attacker has deposited roughly $1.46 million into Tornado Cash, while the remaining $1.48 million in USDT stays within the attacker's address.