🧵 A cluster of pioneer wallets emptied the forked Arbitrum bridge on PulseChain.
The Arbitrum One rollup contracts were forked onto PulseChain with all their state in May 2023. Same addresses as Ethereum. The validator whitelist was disabled. Pioneer wallets staked in and started confirming nodes.
Then they executed 66 Outbox withdrawal transactions and pulled every token locked in the bridge down to zero.
The primary executors: c28a (27 txs), 1967 (25 txs), 0000 (3 txs), 5996 (1 tx). If you've been tracking pioneer wallets, you recognize these.
I checked 19 major tokens. DAI, USDC, USDT, WETH, WBTC, UNI, CRV, AAVE, LINK, COMP, MKR, LDO, rETH, PEPE, GRT, PENDLE, YFI, GNO, FRAX. All empty. 50 token contracts total. Gateway balance: zero.
The most recent validator transaction was May 13, 2026.
These tokens are worth almost nothing on PulseX.
So why take them.
🔹 3.2M pCRV
🔹 885K pUNI
🔹 6.3K pAAVE
🔹 644K pLDO
🔹 459 pCOMP
🔹 91 pMKR
🔹 17.9M pPENDLE
🔹 544K pSUSHI
🔹 20.7K pRPL
🔹 7.3K pENS
🔹 2.5K prETH
Governance tokens. Every single one.
The same wallet cluster that used 71,569 pCOMP to take over Compound via Timelock. The same cluster connected to pMKR governance. The same cluster locking veCRV for 4 years. The same cluster that already captured pARB proxy upgrades and is running liquidation infrastructure across Gearbox, Compound, and MakerDAO.
Nobody takes worthless tokens from a dead bridge unless they're not worthless to the person taking them. Every forked protocol on PulseChain has a governance token. Somebody has been collecting all of them. 🫡
📋 Receipts:
RollupProxy (PulseChain):
scan.pulsechain.com/address/…
L1ERC20Gateway (empty):
scan.pulsechain.com/address/…
Outbox:
scan.pulsechain.com/address/…
First drain tx (Aug 14 2024):
scan.pulsechain.com/tx/0xe20…
Final batch tx (Sept 21 2025):
scan.pulsechain.com/tx/0x002…
Latest validator tx (May 13 2026):
scan.pulsechain.com/tx/0xba1…