Flutterby™! : "Robbed"

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"Robbed"

2022-04-19 20:06:39.046291+02 by Dan Lyke 0 comments

Beanstalk cryptocurrency project robbed after hacker votes to send themself $182 million

The attacker used a flash loan to obtain a controlling stake in the project

The headline and article use "robbed" and "attacker", but the person who obtained the flash loan to gain the controlling stake and take advantage of being the majority shareholder and therefore control the governance system was just using the structure as it was designed to be used.

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