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Flamingo Finance legacy contract suffers flash loan attack, attacker profits approximately $345,900

Source: x.com Event types: Security/Hacker
According to Blockaid monitoring, Flamingo Finance's legacy Flamincome contract was attacked. The attacker borrowed approximately 18 million USDT via a flash loan, staked USDP LP into the Strategy contract to inflate the VaultYUSDT share price, and subsequently redeemed aUSDT liquidity, currently realizing profits of approximately $345,900.

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