Defrost Finance Drained for $12M - Flash Loan Attack or Rug Pull?

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The Defrost team said that it is willing to negotiate with the perpetrators, but there're rumors of a rug pull.

Defrost Finance Drained for $12M – Flash Loan Attack or Rug Pull?The Defrost team said that it is willing to negotiate with the perpetrators, but there’re rumors of a rug pull.Decentralized finance protocol Defrost Finance became the latest victim of a flash loan attack on December 23rd that drained funds in the V2. The attacker used the owner key for the second time to exploit V1.

However, Peckshield said it received a “community intel” warning claiming that it was actually a rug pull of Defrost Finance. The investigatorFurther

 

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