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GMX Hacker’s ETH Strategy: Legit Bug Bounty or Elaborate Exit Scam?
GMX Hacker’s ETH Strategy: Legit Bug Bounty or Elaborate Exit Scam?
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DeFi's latest drama unfolds as a mysterious GMX exploiter flips the script—white hat hero or wolf in hacker's clothing?
The ETH Endgame
One wallet. Millions on the line. The GMX team's sweating as an unidentified player exploits a vulnerability, then dangles the funds like a carrot—bug bounty negotiation or ransom demand?
Code vs. Cons
Smart contracts don't lie, but intentions do. The hacker's moving ETH through tornado cash while simultaneously offering 'security advice.' Classic good cop/bad cop routine—if the cop stole your wallet first.
DeFi's Trust Paradox
Another day, another protocol learning the hard way: in crypto, your worst enemy might be the guy 'helping' you count your missing millions. Stay paranoid, folks.
In a shocking move that has stunned the crypto community, the GMX Hacker has returned some of the swiped $42 million, but not all As reported by the Lookonchain. And this has left one pressing question: is this an exit scam or a bug bounty?... Read More
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