AM/USDT pool Reserve Manipulation Attack: $131.00K Reported Loss
The AM/USDT pool on the BSC chain was exploited several hours ago, with estimated losses of approximately $131,000.
- Reported loss
- $ 131,000
- Attack category
- Reserve Manipulation Attack
Incident Overview
The root cause lies in a vulnerability within the burn mechanism, which was exploited to manipulate the AM reserves in the pool and artificially inflate the token price. The attacker first manipulated the toBurnAmount and then triggered the burn logic after the AM balance in the pool had been adjusted. This drove the AM reserves down to an unnaturally low level, allowing the attacker to sell AM back to the pool at an inflated price to realize a profit.
Sources & References
This record presents information attributed to the linked sources. Incident dates describe the original event, not a new report. Reported loss figures reflect the source record and are not current market valuations.