Humanity Protocol's H token crashes nearly 90% after attackers steal private keys and drain $32 million

Humanity Protocol’s H token tumbled nearly 90% after a major security breach exposed private keys connected to the project, allowing attackers to drain more than $30 million from at least 17 wallets.

H crashed from $0.68 to as low as $0.079 after the incident surfaced, according to CoinGecko data. The token later recovered to about $0.12, though it remained down 85% over the past 24 hours.

After Humanity Protocol was exploited for more than $30 million, the attacker began dumping H and converting proceeds into ETH, according to on-chain analysts.

Investigators then identified the minting of 100 million H tokens on BNB Chain, adding an estimated $11.4 million in fresh supply and fueling concerns about additional downside pressure.

Those fears intensified when another 100 million H was minted. By then, the attacker had already realized approximately 18,510 ETH ($30.83 million) and 1,548 BNB ($924,000) through the sales of H.