# X100 Exploit Converts Treasury Assets Into 4.85 Million USDT

By Simon Yoon

Canonical URL: https://www.tokenpost.com/news/technology/40267
Published: 2026-10-24T19:32:16.000Z
Updated: 2026-10-24T19:32:16.000Z
Section: Technology

> Two transactions converted treasury tokens and liquidity positions, while a third pulled 550,000 X from a Uniswap pool. The Ethereum attack remained ongoing.

X100's Ethereum exploit converted treasury tokens and liquidity positions into 4.85 million USDT after a governance takeover, while a third transaction pulled 550,000 X from a Uniswap pool.

The 4.85 million USDT total came from two transactions involving X100's treasury tokens and liquidity positions. A third transaction pulled 550,000 X from a Uniswap pool, adding pool liquidity to the assets moved in the incident. The figures are in separate tokens: USDT for the two conversions and X for the pool withdrawal.

The Ethereum attack remained ongoing. That warning places the conversions within an active exploit and describes the incident at a point when activity had not stopped. The three transactions involved X100's treasury, liquidity positions and a Uniswap pool.

The asset movements followed the governance takeover. The USDT conversions and X withdrawal are separate legs of the incident, with each tied to a different asset source.