SquidRouterModule Exploit Drains About $3M From 86 Gnosis Safe Wallets

Security firm Blockaid reported a sustained attack targeting SquidRouterModule on Ethereum and Base. Over roughly two hours, the attacker siphoned funds from 86 Gnosis Safe wallets, with losses totaling about $3 million. The stolen tokens were swapped into DAI via a Uniswap V3 liquidity pool set up by the attacker, then aggregated into a single wallet now holding about 3.07 million DAI.