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.
