There seems to be a wallet that is draining LP Pools from Raydium liquidity pools using admin wallet as a signer without having/
16 Dec 2022, 15:13
There seems to be a wallet that is draining LP Pools from Raydium liquidity pools using admin wallet as a signer without having/burning LP tokens.
We withdrew provided FCON/USDC liquidity from Raydium's as a precautionary measure.
An exploit on Raydium is being investigated that affected liquidity pools. Details to follow as more is known
Initial understanding is owner authority was overtaken by attacker, but authority has been halted on AMM & farm programs for now
Attacker accnt