LeetSwap Recovered About 220 ETH, But Can't Enable Trading Yet

LeetSwap Recovered About 220 ETH, But Can't Enable Trading Yet
Source: LeetSwap

Gilgameš, the developer at decentralized trading platform LeetSwap, tweeted that he is working to recover more funds stuck in the DEX liquidity pools, with about 220 ETH recovered so far, and is now collaborating with bounty-seeking white hat hackers and security researchers to try and recover as much as he can. Trading cannot be enabled at this time, as this would give exploiters a chance to hack even more pools. In addition, Gilgameš claims that the hackers also DDoSed the website. He will do his best to get it back up, and reminds users to beware of scammers and impersonators.

Previously, LeetSwap said it has temporarily stopped the trading through a "security pause" feature to investigate after noticing that the liquidity of some of its pools may have been comromised. PeckShieldAlert tweeted that LP pairs on Base have been exploited for about 340 ETH (approximately $630,000).

 

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Source

DEX

DeFi

Security Incidents

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