Humanity Protocol
Summary
Humanity Protocol is a blockchain-based decentralized identity platform founded by Terence Kwok that uses palm-vein biometrics and zero-knowledge proofs to verify unique personhood. The project raised $50 million at a $1.1 billion valuation from institutional investors including Pantera Capital and Jump Crypto, and launched its $H token in June 2025. In June 2026, attackers drained approximately $32–36 million from the project via a compromised employee laptop holding multiple multisig private keys; on-chain investigator ZachXBT alleged the incident may have been staged, claims the team has not publicly rebutted with independent verification.
Connected Entities
1 entities · 10 linked investigationsTimeline(11 events)
2024-02-28
Humanity Protocol officially announced in partnership with Human Institute, Animoca Brands, and Polygon Labs
Humanity Protocol blog - Strategic Funding Announcement2024-05-01
Raised $30 million seed round at $1 billion valuation led by Kingsway Capital, with Pantera Capital, Animoca Brands, Hashed, Shima Capital, and Jump Crypto participating
Humanity Protocol raises $30M at $1 Billion Valuation - Official Blog2025-01-28
Raised $20 million follow-on round led by Pantera Capital and Jump Crypto at $1.1 billion fully diluted valuation
The Block - Pantera Capital and Jump Crypto lead $20 million funding round2025-06-25
$H token launched across multiple exchanges including MEXC and KuCoin; Fairdrop airdrop distributed to eligible users
MEXC - Humanity Protocol H Listing2025-06-25
Leaked conversation reveals founder Kwok admitted approximately 88% of registered Human IDs were not genuinely verified humans; referral penalty system controversy emerges
DL News - Humanity Protocol token plummets as founder admits network could be up to 88% bots2025-06-01
On-chain investigator Specter publishes thread alleging three of four Humanity Protocol team leaders have 'questionable pasts involving mismanagement, lawsuits, or financial wrongdoing'
Specter on X2025-10-25
$H token reaches all-time high of approximately $0.389
StealthEX - Humanity Protocol Price Prediction2026-04-29
$H surges approximately 65% as Worldcoin's credibility declines; investors rotate between competing proof-of-personhood tokens
BanklessTimes - Humanity Protocol Surges 65% Amid Worldcoin's Credibility Problem2026-06-09
Malware on a single employee laptop exposes seven private keys across multisig configurations; attackers drain approximately $32-36 million from Ethereum bridge and BNB Chain wallets, and mint approximately 200-300 million additional unauthorized $H tokens; $H crashes 80-90% intraday
CoinDesk - Humanity Protocol token crashes more than 80% after a $32 million private-key hack2026-06-09
ZachXBT publicly alleges the exploit was 'possibly staged' and characterizes it as a 'crime pump'; on-chain analyst Elton cites forensic evidence of pre-funded attacker wallets and pre-warmed minting authority; team offers $1 million USDT bounty for recovery information
CryptoTimes - ZachXBT Calls $32M Humanity Protocol Hack 'Possibly Staged'Decision Log
- hash: 5K9qs4HdVa3Zt9diaM7B3X92AftSgvHpTipcS7jSVUZA
This investigation is cryptographically anchored to the Solana blockchain and source URLs are archived via the Internet Archive.
model: claude-code-investigator
generated: 6/14/2026, 7:25:34 AM
last updated: 6/14/2026, 7:25:46 AM
avoid.net — verified advice for a post-truth world