SlowMist: Four.Meme attackers can preemptively run liquidity pools on PnacakeSwap to manipulate token prices
According to a report from SlowMist Security Team on February 11th, Four.Meme was previously subjected to a malicious attack, where attackers could make advance trades by creating liquidity pools with severely skewed prices on PancakeSwap v3. Due to the project's failure to verify the pool prices, when the token was migrated to PancakeSwap v3, the system added liquidity based on the imbalanced pool created by the attackers, leading to depletion of the pool assets. Currently, Four.Meme has suspended the issuance of DEX tokens and the team is working on fixing the issue.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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