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FTC Compels Nomad Operator to Repay Users After $186M Crypto Bridge Hack in 2022

FTC Compels Nomad Operator to Repay Users After $186M Crypto Bridge Hack in 2022


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2025-12-16 22:36:41
FTC Compels Nomad Operator to Repay Users After $186M Crypto Bridge Hack in 2022

Regulators said Illusory Systems misled users about security and failed to prevent a 2022 exploit that drained the Nomad cross-chain bridge.

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