Normie Coin Faces Significant Losses Due to Tax Function Exploitation
Monday, 27 May 2024, 07:33
Normie Coin Exploitation Incident
Attackers exploited a tax function in the token’s code that allowed them to issue more tokens illegally.
Consequences of the Exploit
- Significant Losses: The incident resulted in a dramatic 99% drop in the value of Normie Coin.
- Liquidity Drain: Attackers completely drained the liquidity pools associated with the coin.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.