Updated on 2022-12-29: Defrost Finance crypto-heist
DeFi platform Defrost Finance was the victim of a flash-loan attack. Losses are estimated at $12 million, but the hacker returned the funds after three days. Read more: Details Concerning the Refunding Process
Overview
Attackers exploited the blockchain protocols of Defrost Finance to steal more than $12 million in assets by pulling off an ‘exit scam.’ Later, close to $3 million of the stolen fund was returned to the firm. Read more: Hacked Funds Returned to Defrost
On 24 December we have seen an #exitscam on @Defrost_Finance
We have attempted to contact multiple members of the team but have had no response.
The team are not KYC'd but we are using all the information that we do have to assist with authorities pic.twitter.com/XC009dM40T
— CertiK Alert (@CertiKAlert) December 26, 2022
