Digital Asset
Intelligence
Security Incident

Moola Market Price Manipulation: $9.00M Reported Loss

·Historical incident record

Incident Overview

On October 19, the Moola protocol on Celo was attacked, and the hackers made a profit of about $9 million. 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

Original incident referencehttps://twitter.com/Moola_Market/status/1582588102790434816 (opens in a new tab)

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.

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