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12 May 2021

Hacker Infiltrates Spartan Protocol Pools Causing Losses Worth $30 Million

Hacker Infiltrates Spartan Protocol Pools Causing Losses Worth $30 Million


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The suspect repeats the same process but this time converts 1,674.025829131122046314 WBNB to SPARTAN ten times with the same pool to obtain a total of 2,639,121.977427448690750716 SPARTA.

Afterward, the pool’s asset balance is pumped up by sending 21,632.147355962694186481 WBNB together with the SPARTA amount mentioned above (2,639,121.977427448690750716 SPARTA).

A burning procedure comes next whereby 933,350.959891510782264802 pool tokens are burnt to give 20,694.059368262615067224 WBNB and 2,538,199.153113548855179986 SPARTA.

A total of 1,414,010.159908048805295494 pool tokens are then added into the pool with a certain liquidity amount to attain 21,555.69728926154636986 WBNB and 2,643,882.074112804607308497 SPARTA.

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