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Crypto Deception Unveiled: Check Point Research Reports Manipulation of Pool Liquidity Skyrockets Token Price by 22,000%
Dec. 5, 2023, 12:55 p.m. | MalBot
Malware Analysis, News and Indicators - Latest topics malware.news
By Oded Vanunu, Dikla Barda, Roman Zaikin
Unmasking Deceptive Tactics: A recent investigation by Check Point Research exposes a troubling trend in the cryptocurrency landscape. Deceptive actors are manipulating pool liquidity, sending token prices soaring by a shocking 22,000%.
$80,000 Heist Unveiled: The manipulation of pool liquidity resulted in a swift and calculated theft of $80,000 from unsuspecting token holders. This incident sheds light on the evolving strategies scammers employ to exploit decentralized finance platforms.
Continued Threat Landscape: This incident …
check check point crypto cryptocurrency deception heist investigation liquidity manipulation point reports research research reports tactics token trend
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