Although Magic Eden closed its EVM marketplace, active on-chain approvals granted by users in 2024 remained live, exposing their wallets to the Limit Break Payment Processor V2 exploit

Magic Eden legacy NFT approval exposure

Legacy approvals to Limit Break Payment Processor V2 remained active after Magic Eden stopped using the processor and closed its EVM marketplace. In September 2026 an exploit exposed user NFTs; white-hat responders rescued assets that were still reachable.

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