$14.35M USDT Stolen from 79AU Token's PancakeSwap Pool; Bitquery Investigation Reveals Locked Liquidity Bypassed Due to Token Permissions
Blockchain data provider Bitquery released an investigation report on October 8, stating that $14.35 million in USDT was stolen from 79thVault's 79AU token in a PancakeSwap pool on October 7. Bitquery found that despite 79% of the pool's liquidity provider (LP) tokens being burned, a permission within the 79AU token allowed tokens to leave the pool without payment, thus bypassing the requirement to redeem LP tokens.
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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