Analysts say the leaked private key makes it difficult to explain the operations at Humanity-related addresses, suggesting possible insider theft.

CoinFeed reported on June 9th that on-chain analyst Yu Jin published an article on the X platform stating that the Humanity project claimed the issuance and sale of H tokens was due to a leak of a foundation member's private key. However, the operations at the relevant addresses are difficult to explain by a private key leak unless it was an inside job. In addition to the 100 million H tokens issued an hour earlier, the more than 200 million H tokens sold in the preceding hours were collected from nearly 300 wallets that unlocked tokens two weeks ago and received tokens 11 months ago. These wallets had all withdrawn gas from Gate and Bybit to their addresses three weeks prior.