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DeFi Trader Nets Over $500K by Using DEX GMX to Manipulate Avalanche Token
linkweb3
2022-09-19
4105
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Summary：A savvy crypto trader deployed millions of dollars to manipulate the prices of Avalanche’s AVAX tokens on the decentralized exchange (DEX) GMX, taking profits of upwards of $500,000 by utilizing a strategy that exploited a basic loophole.
A savvy crypto trader deployed millions of dollars to manipulate the prices of Avalanche’s AVAX tokens on the decentralized exchange (DEX) GMX, taking profits of upwards of $500,000 by utilizing a strategy that exploited a basic loophole.
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