One wallet has upgrade permissions for 12 Ethereum scaling networks, but Conduit founder Andrew Huang says it can’t transact without three signatures which would take a trio of physical attacks.
Hack of a single multisig wallet could drain 12 Ethereum L2s of $121M
![Hack of a single multisig wallet could drain 12 Ethereum L2s of 1M Hack of a single multisig wallet could drain 12 Ethereum L2s of 1M](https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjQtMDUvY2UxOTkyMmItYzA3OS00YmVhLWIzMTctMWY5OTJkZThkZDJkLmpwZw==.jpg)