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Sonic Labs Freezes Wallets After Beets Protocol Exploit Alert

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Sonic Labs Freezes User Wallets Over Suspicious Activity

On November 3, 2025, at 3:45 AM EST, Sonic Labs detected suspicious activity linked to a possible exploit on the Beets protocol. To protect users and the ecosystem, Sonic Labs froze several wallets involved in the incident. The company announced the action on its official X account.

Collaboration With Beets Team

Sonic Labs confirmed it will work closely with the Beets team to address the issue. Details about the suspicious activity have not been disclosed yet.

Details on Wallet Freezing

The frozen wallets can be viewed on the SonicScan blockchain explorer. The following wallet addresses are currently frozen:

  • 0xf19fd5c683a958ce9210948858b80d433f6bfae2
  • 0x045371528a01071d6e5c934d42d641fd3cbe941c

Freezing wallets is a security step to stop the further movement of funds linked to exploits or malicious actions. Users with funds in these wallets cannot make transactions until the freeze is removed.

Both Sonic and Beets users await further updates from the platforms.

Marcel
Marcelhttps://cryptonewspub.com/
Marcel is the enthusiastic owner and editor-in-chief of CryptoNewsPub, the go-to source for the latest news, sharp analyses, and groundbreaking insights into the world of cryptocurrency and blockchain. With his passion for decentralization and innovation, he makes complex developments clear and accessible to both novice crypto enthusiasts and seasoned traders. Marcel’s articles inspire, inform, and empower you to embrace the digital financial revolution with confidence.

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