LeetSwap has recovered approximately 220 ETH, but trading is still not enabled

2023-08-02 08:17:43
Collection

ChainCatcher news, the developer of the attacked DEX LeetSwap on the Base chain, Gilgameš, tweeted that they are working to recover more funds trapped in the DEX liquidity pool. So far, approximately 220 ETH has been recovered, and they are seeking to collaborate with white hat developers and security researchers to try to recover as much money as possible. Trading cannot be enabled at this time, as it would give the attackers the opportunity to infiltrate more mining pools. Gilgameš stated that the hacker also conducted a DDoS attack on the website and they are doing their best to restore it, reminding users to be wary of scammers and impersonators.

In addition, Gilgameš indicated in the tweet that LeetSwap is a one-person development team that is currently working and will not be leaving.

Previous report stated that the axlUSD/WETH pool in LeetSwap suffered a price manipulation attack yesterday (August 1), resulting in a loss of approximately $620,000. LeetSwap has suspended trading for investigation.

ChainCatcher reminds readers to view blockchain rationally, enhance risk awareness, and be cautious of various virtual token issuances and speculations. All content on this site is solely market information or related party opinions, and does not constitute any form of investment advice. If you find sensitive information in the content, please click "Report", and we will handle it promptly.
banner
ChainCatcher Building the Web3 world with innovators