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I recently followed a pretty interesting case about the Resolve attacker. The way it operates is quite sophisticated - starting with minting 50 million USR from just 100K USDC, then converting to wstUSR to hide traces.
Its trick is continuously swapping wstUSR for USDC and USDT, creating a chain of transactions that are hard to trace. Then it uses USDT to buy Ethereum, having accumulated $4.55 million worth of ETH. It's truly a very sophisticated money laundering strategy.
What’s notable is that from the initial 100K USDC, it has generated a huge amount of assets. The way it handles the conversion steps between different tokens shows that this attacker is well aware of system vulnerabilities. Everyone should be cautious of such unusual transactions.