This marks the largest exit scam on Arbitrum in 2023.
that the hacker transferred around 1,095 ETH, worth more than $1.86 million, through coin mixing protocols.by Cognitos. Despite flagging minor vulnerabilities, the platform concluded that Hope Finance’s smart contract code had “passed the audit successfully” and “there were no warnings raised.”by the scammer at address “0xf188.” The SwapHelper was then updated to use this fake router in the address “0xc9ee” and was approved by all three owners of the DeFi protocol’s multisig “0x8ebd.
Hope Finance is yet to release a post-mortem report of the scam. The platform, however, shared steps for users to withdraw staked liquidity from the protocol.
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