Meme Coin Project SafeMoon Rekt for $9M Due to Public Burn Bug

SafeMoon LLC is/was a cryptocurrency and blockchain company created in March 2021. The company also has a SafeMoon token which trades on the BNB Chain blockchain.

$8.9 million stolen in Crypto hack on Jake Paul-endorsed Safemoon https://www.dexerto.com/tech/8-9-million-stolen-crypto-hack-jake-paul-endorsed-safemoon-2099591/

Meme Coin Project SafeMoon Rekt for $9M Due to Public Burn Bug https://www.bleepingcomputer.com/news/cryptocurrency/safemoon-burn-bug-abused-to-drain-89-million-from-liquidity-pool/

A recent upgrade to meme coin SafeMoon’s smart contract saw the project robbed of $8.9 million—and then stolen again. https://decrypt.co/124826/meme-coin-project-safemoon-rekt-for-9m-due-public-mint-bug

SafeMoon ‘burn’ bug abused to drain $8.9 million from liquidity pool https://www.bleepingcomputer.com/news/cryptocurrency/safemoon-burn-bug-abused-to-drain-89-million-from-liquidity-pool/

Dogecoin Creator Slams DeFi Project SafeMoon After Liquidity Pool Compromise https://www.benzinga.com/markets/cryptocurrency/23/03/31541895/dogecoin-creator-slams-defi-project-safemoon-after-liquidity-pool-compromise

SafeMoon Public Token Burn Exploit Wipes Liquidity Pool, Attackers Say ‘Let’s Talk’ https://beincrypto.com/safemoon-token-burn-exploit-liquidity-pool-attackers-talk/

https://www.forbes.com/digital-assets/assets/safemoon-v2-sfm2/

Safemoon LP Exploited for $8.9M; SFM Tokens Remain ‘Safe,’ CEO Says
A publicly available token burn function in the contract allowed attackers to manipulate the protocol, some said. https://www.coindesk.com/tech/2023/03/29/safemoon-lp-exploited-for-89m-sfm-tokens-remain-safe-ceo-says/

Jake Paul-endorsed SafeMoon gets hacked after introducing a bug in upgrade
A public burn function introduced in the latest upgrade allegedly allows users to burn tokens from other addresses.

https://cointelegraph.com/news/jake-paul-endorsed-safemoon-gets-hacked-after-introducing-a-bug-in-upgrade

https://safemoon.com/

https://www.theinsaneapp.com/2023/03/9-million-stolen-from-safemoon.html

https://en.wikipedia.org/wiki/SafeMoon

https://www.coingecko.com/en/coins/safemoon

https://www.coinbase.com/price/safemoon

https://coinmarketcap.com/currencies/safemoon/