On Thursday, Jill Gunter, co-founder of “the base layer for rollups” Espresso, took to X to tell followers her pockets had been drained as a result of a vulnerability in a ThirdWeb contract.
The ten-year crypto veteran famous the “deep irony” of her funds being funneled into privateness protocol Railgun whereas she was “writing a defense of privacy in crypto to present in DC next week.”
In a follow-up thread, Gunter describes the method of investigating how over $30,000 USDC was misplaced.
The deep irony that as I sat right here writing a protection of privateness in crypto to current in DC subsequent week…
my pockets was getting drained and the funds are getting deposited into Railgun.
— Jill Gunter ☕ (@jillgun) December 11, 2025
The transaction, which drained Gunter’s jrg.eth deal with, occurred on December 9.
The tokens had been moved into the deal with the day earlier than the theft “in anticipation of funding an angel investment I planned to make this week.”
Though the tokens had been moved from jrg.eth to a different (0xF215), the transaction exhibits a contract interplay with 0x81d5.
This susceptible contract that led to the drained pockets, Gunter discovered, was a Thirdweb bridge contract that she had beforehand used for “a $5 transfer.”
After contacting Thirdweb, she was knowledgeable {that a} vulnerability was discovered within the bridge contract in April. It “allowed anyone to access funds from users who had clicked through and accepted unlimited token approvals.”
Certainly, the contract is now labelled on Etherscan as compromised.
A Thirdweb weblog publish, printed immediately, states that the theft “resulted from the legacy contract not being properly decommissioned during our April 2025 vulnerability response.”
Thirdweb “permanently disabled the legacy contract… and no user wallets or funds remain at risk.”
Gunter praised the SEAL Safety Alliance for its response, pledging to donate any potential reimbursement, and urged others to do the identical.
Thirdweb’s second rodeo
Along with the susceptible bridge contract, ThirdWeb had beforehand disclosed a wide-reaching vulnerability in late 2023.
It knowledgeable the crypto group of “a security vulnerability in a commonly used open-source library.”
Safety researcher and SEAL member Pascal Caversaccio dubbed Thirdweb’s assertion “not responsible disclosure.” He argued that offering an inventory of susceptible contracts gave black hats hackers a “head start.”
Based on crypto rip-off tracker ScamSniffer’s evaluation, over 500 token contracts had been affected and not less than 25 exploited.
