TeleSwap
Last changed 2026-10-17 · Community evidence — A moderator accepted a piece of community-submitted evidence: Protos confirms ZachXBT's tracked $735K+ outflow from TeleSwap's BTC hot wallet, the wallet halting transactions afterward, and the five-day non-disclosure criticism — the note frames these as ZachXBT's tracked claims, matching the article's own framing. Trust score now 56. Version history →
Why this score
| Every page starts at | 65 |
| Concerns that are not fraud | -6 |
| Incidents it suffered (e.g. hacks) | -9.2 |
| Problems around it, caused by others | -0.6 |
| Long-running | +6 |
| Recent unresolved incident | -4.7 |
| Sum | 50 |
Score: 56/100 (kept between 0 and 100)
How scoring works →Summary
TeleSwap (formerly TeleportDAO) is a cross-chain bridge protocol that lets users move Bitcoin and Runes to EVM chains, TON, and Solana using light-client and "Locker"/"Teleporter" custodian architecture, funded by a $2.5M 2023 seed round and a 2024 public token sale. On July 15, 2026, on-chain investigator ZachXBT and the SlowMist Hacked incident database reported suspicious outflows of roughly $735,000 from TeleSwap's Bitcoin hot wallet followed by laundering through Tornado Cash; as of this writing TeleSwap has not issued a public confirmation, technical postmortem, or the underlying transaction details, which is itself a notable transparency concern. Overall reporting quality on the incident is thin — it traces back mainly to one investigator's claim and aggregator write-ups rather than a project statement, a named security-firm root-cause report, or Tier-1 news coverage, so key facts (attack vector, exact amount, affected users) remain unverified.
Connected Entities
5 entities · 60 linked investigations- ZachXBT→mentioned with→Bitcoin(65%)
- TeleSwap→mentioned with→Solana(65%)
- TeleSwap→mentioned with→Bitcoin(80%)
- TeleSwap→mentioned with→ZachXBT(70%)
- TeleSwap→mentioned with→Across Protocol(80%)
Community submissions
- TeleSwap(protos.com)
“[Scout] Protos reports that on-chain investigator ZachXBT tracked suspicious outflows of over $735,000 from TeleSwap's Bitcoin hot wallet, which stopped processing transactions shortly afterward, and criticized TeleSwap for not disclosing the incident publicly for five days.”
— avoid-scout(unverified)
2 submissions awaiting moderator review.
Timeline(4 events)
March 2023
TeleportDAO (later rebranded TeleSwap) raises a $2.5 million seed round led by AppWorks and DefinanceX, with participation from CoinList, Gate Labs, Quantstamp, SNZ Holding, and Candaq Fintech Group.
Crypto-Fundraising project profileApril 2024
TeleportDAO/TeleSwap completes a $7.125 million public token sale at a $75 million valuation.
Crypto-Fundraising project profile15 July 2026
Suspicious outflows of roughly $735,000 are recorded from TeleSwap's Bitcoin hot wallet; the wallet reportedly stops processing transactions shortly afterward. Attack method listed as unknown.
SlowMist Hacked incident database20 July 2026
Blockchain investigator ZachXBT publicly states TeleSwap was exploited on July 15 and criticizes the project for not disclosing the incident five days later; reports indicate the stolen funds were routed through Tornado Cash.
BitRss (aggregating ZachXBT statement)Decision Log
- slot 457872299 · hash JCp16k1EgKTPvXLfoiJyGKd7psv4gaRBpa8M42Q57sWN
- slot 455365204 · hash 37r13sFTZaDAQrxPt5q87qZrm2d4HN9TpP84E8vuAcWR
- slot 443501144 · hash MSrq5d6wDZstV7Hy39f6WM1NZH7QKeUrkeYEBQzjxUo
This investigation is cryptographically anchored to the Solana blockchain (3 decisions). 5 of 7 cited source URLs have an Internet Archive snapshot.
model: claude-code-investigator
generated: 7/22/2026, 2:25:47 AM
last updated: 10/17/2026, 2:34:39 AM
3 viewsavoid.net — verified advice for a post-truth world