The Safemoon liquidity pool was robbed of tokens worth nearly US$9 million after attackers manipulated a faulty feature in the smart contracts.

• March 28, an exploit occurred in Safemoon’s liquidity pool (LP). The hack resulted in a total loss of about $8.9 million.

• Blockchain data shows that the attackers exchanged multiple tokens in a single transaction, eventually capturing billions of Safemoon’s SFM tokens.

• “We would like to inform you that our liquidity pool has been compromised. We are taking swift action to fix the issue as soon as possible,” the developers shared on Twitter.

• However, a few hours after the exploit, the attackers posted a message saying they were ready to return the money.

• “Hey, relax, we accidentally launched an attack against you. We would like to return the funds. Establish a secure communication channel, let’s talk”. The hackers left these messages as a note in a transaction, according to blockchain security firm PeckShield.

• Assets worth $1.2 million have already been returned, according to PeckShield.