PANews
PANews|12月 22, 2025 07:46
[A Rabby user successfully withdrew $85,700 locked in Multichain since 2023] According to official news from Rabby Wallet, a user successfully withdrew $85,740 USDC using Rabby’s functionality. The funds had been frozen since 2023 due to the Multichain incident. Rabby enables users to track and retrieve assets left in DeFi protocols, even if the original front-end has become non-functional. It is reported that in May 2025, the Singapore High Court approved Multichain Foundation’s liquidation application and appointed KPMG as joint liquidators. As the liquidation process progresses, some previously frozen or locked funds are gradually being made available for withdrawal, particularly assets that were not transferred by hackers or released after being seized by law enforcement agencies. Additionally, a U.S. court has temporarily extended the freeze on wallets containing approximately $63 million in stolen USDC to assist Singapore liquidators in identifying and recovering assets. Affected Multichain users can check their wallet balances via Rabby and attempt to withdraw funds.
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