Dec. 31, 2023, 11:33 p.m. | Gabe Goldberg

The RISKS Digest catless.ncl.ac.uk

Ahmed's first target was the undisclosed crypto exchange on the Solana
blockchain. He manipulated a smart contract to introduce false pricing data,
which led to the generation of approximately $9 million in inflated
fees. After withdrawing these funds, Ahmed brazenly offered to return the
stolen amount, minus $1.5 million, on the condition that the exchange would
not involve law enforcement. This attack closely resembles the breach that
impacted the Crema Finance decentralized finance platform in July 2022.

Following this initial …

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