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Crypto Launchpad Team Finance Suffers $14.5M Exploit

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According to data by SlowMist_Team the attacker behind last week’s $14.5 million exploit of crypto launchpad TeamFinance_ has returned some $7 million worth of tokens. By shauryamalwa

Team Finance, a crypto token launchpad, has suffered a $14.5 million exploit in relation to a smart contract bug in its migration feature, the firm said on Thursday.in a tweet. It has also urged the exploiter to get in contact for a bug bounty payment.The firm said that it has reached out to the exploiter to find a resolution and has contacted exchanges to blacklist the exploiters' address.

Team Finance joins a slew of crypto firms that have exploited recently. Decentralized exchange Mango Finance that

 

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