Safemoon was accidentally hacked
The Safemoon liquidity pool was robbed of tokens worth nearly $9 million after attackers manipulated a faulty function in the smart contract.
The Safemoon liquidity pool was robbed of tokens worth nearly $9 million after attackers manipulated a faulty function in the smart contract.
Last Tuesday, an exploit hit Safemoon's liquidity pool (LP). As a result of the hack, about $8.9 million was lost in total. From blockchain data shows that the attackers swapped multiple tokens in a single transaction and ultimately skimmed billions of Safemoon SFM tokens.
"We want to inform you that our liquidity pool has been compromised. We’re taking swift action to resolve the issue as quickly as possible," the developers said on Twitter.
A few hours after the exploit, however, the attackers posted a message saying they were willing to return the money.
"Hey relax, we accidentally launched an attack on you. We want to return the money. Set up a secure communication channel, and we’ll talk about it." The hackers left these messages as a note in a transaction, View post on X by PeckShield, a blockchain security company. Assets worth $1.2 million have already been returned.
