According to PeckShield, someone decided to play a game of “Crypto Heist: The Game” with $7 million worth of Bitcoin. Because why not?
The bad actors deposited the SATOSHI meme token into a liquidity pool, like it was a spa day for their ill-gotten gains. Then, they did the digital equivalent of inflating a balloon animal with the price of SATOSHI. 🎈
The pool, thinking it was just having a bad hair day, let them take $7 million in BTC. Poor thing. Now it’s just a sad, empty pool of regret. 💔
Other users? They’re stuck like a Bitcoin in a stuck elevator. 🚪
Tracking Down Stolen BTC
ODIN•FUN hit pause on AMM trading, because they’ve had just about enough of this crypto chaos. They’ve hired a security team to audit their code, which is basically hiring a detective for lines of code. 🕵️♂️
“We’ve got the best hackers in the business to find the bugs in our system,” said Bob Bodily, CEO of ODIN•FUN. “Because nothing says ‘trust us’ like hiring hackers to find your bugs.”
They’re also chatting with the cops and Binance, because sometimes you need to call in the cavalry. Or in this case, the crypto cavalry. 🐎
The platform claims some China-based groups are now on their hit list. “You thought you could exploit us? We’ll prosecute you like you’re a rug pull in a courtroom drama.” 🎬
“You have a short window to return the funds before it is too late. This is not a negotiation,” they warned. “Because nothing says ‘mercy’ like a blockchain heist.”
Other Similar Incidents
Such attacks are about as rare as a honest crypto airdrop. For example, in April, someone decided to play “Inverse Finance” with SushiSwap, borrowing $16 million with a token that was basically a crypto version of a house of cards. 🏗️
In 2023, Polygon’s 0VIX platform lost $2 million to someone who thought vGHST was a token, not a ghost. 👻
In early 2025, Venus Protocol got hit with a $700,000 donation attack. Turns out, “donations” can be a bit… sketchy. 💸
And just to keep things exciting, Cetus Protocol lost $250 million to a library overflow bug. Because nothing says “fun” like a blockchain meltdown. 🔥
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Done in 12s.
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2025-08-13 09:22