Security Incident
Moola Market Price Manipulation: $9.00M Reported Loss
On October 19, the Moola protocol on Celo was attacked, and the hackers made a profit of about $9 million.
- Reported loss
- $ 9,000,000
- Attack category
- Price Manipulation
Incident Overview
This attack is a price manipulation attack. The attackers returned about 93.1% of the proceeds to the Moola Market project, donating 500,000 CELO to the impact market. Left a total of 650,000 CELO as a bounty.
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.