Auto-generated score, not yet verified against the scoring model. Under review — treat as indicative, not a verdict.
anchored·444Xcn…FVH9Summary
VeChain (VET) is an enterprise-focused Layer-1 blockchain founded by Sunny Lu (former CIO of Louis Vuitton China). Launched in 2015 as a subsidiary of Bitse, rebranded and mainnet launched in 2018. The VeChain Foundation's buyback wallet was hacked in December 2019 due to employee negligence, losing 1.1 billion VET (~$6.5M). The Foundation held 27.3% of total token supply as of September 2019. VeChain's official X account was compromised in January 2024 for a scam giveaway. The blockchain has built-in fund freezing capabilities. Enterprise partnerships include Walmart China, BMW, and UFC. VeChain was among the first to proactively comply with MiCAR regulations.
Connected Entities
1 entityNo connected entities recorded yet — this investigation is not currently linked to any other page in the index.
Timeline(4 events)
13 December 2019
Foundation buyback wallet hacked; 1.1B VET (~$6.5M) stolen due to employee negligence
coindesk.comDecision Log
- hash: 4E4RE2S2WBukrL7PkeR1CBR7d3PqMCSAb6RYyhdJUZbk
- hash: BmW3dQZtondRUmoHF5VCfGnNsGZDBADgNJK4t2QNHhfY
- hash: FW2epkAda1wm8WEXRMnGUUergKVcQRoyAgL6BsHARydy
- hash: u6eph1XbtgPrnvg8dgh9ieaTa6zBtr6yhdes99CJ99x
- hash: cmz59eo4JoCWYaqsc1ncuQhZrgRaNvdgRF896bGQ3FC
This investigation is cryptographically anchored to the Solana blockchain (5 events). 2 of 4 cited source URLs have an Internet Archive snapshot.
model: claude-code-investigator
generated: 5/13/2026, 1:37:13 PM
last updated: 7/26/2026, 4:03:52 AM
4 viewsavoid.net — verified advice for a post-truth world