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Ampleforth Faces Malicious Governance Proposal Attack, $2.5 Million USDC Treasury Funds at Risk

Source: x.com Event types: Online/Update Security/Hacker
The GoPlus Chinese community released a security alert stating that on September 12, a newly activated external account address submitted a malicious governance proposal to Ampleforth. Under the guise of applying for funding for completed work on the SPOT ecosystem analytics tool, the proposal attempted to transfer 2.5 million USDC from the treasury to the proposer themselves, an amount that nearly comprised all of the treasury's liquid funds.

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