Hacker Drained $600K Worth of Crypto From Li Finance

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Hacker Drained $600K Worth of Crypto From Li Finance
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The protocol reimbursed 25 out of the total 29 affected wallets, offering to transform the lost funds of the remaining users into an 'angel investment.'

The protocol reimbursed 25 out of the total 29 affected wallets, offering to transform the lost funds of the remaining users into an “angel investment.”

All swap methods have been disabled until we can lock them down and ensure they are safe for use. We will update you as we find out more.Despite the quick reaction, the attacker exploited 29 wallets draining various digital assets, including MATIC, USDC, USDT, DAI, and more. Subsequently, those were converted into 208 ETH, which at the time of the attack equaled $587,500.

“We are offering to transform the lost funds into an angel investment into LiFi and, thus, future LiFi tokens under the same terms as our investors in the current funding round. One might see it as an opportunity that would not be possible otherwise with huge upside potential.”

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