Humanity Protocol Loses $32M in Private Key Hack as ZachXBT Calls Incident ‘Possibly Staged’

Humanity Protocol’s H token has crashed nearly 90% after wallets tied to the project were drained of more than $32 million, a breach onchain investigator ZachXBT says may have been “possibly staged.”

The minting of fresh tokens on a second chain is what has turned a routine exploit into a credibility crisis. Critics questioned how an attacker with a single compromised key could issue new supply at will, a power that normally rests with a project’s own administrators.

In a separate message aimed at the project, he accused the team of choosing to “crime pump your token for weeks with zero fundamentals” and demanded it disclose their “active MM agreements with the HK entity first.”

The allegation has flipped the episode from a security failure into a possible insider exit, one where a market maker might have offloaded a position under the cover of an “exploit.” Humanity has not publicly addressed ZachXBT’s specific claims, and no independent confirmation of staging has emerged.