Ethereum World News
2022-10-12 11:13:08

Mango Token (MNGO) Down by 40% Following $100M Attack

Solana-based DEX Mango Markets was exploited for approximately $112 million. The MNGO token has fallen by 40% to a price of $0.023. The attacker manipulated their Mango collateral and took massive loans from the treasury to carry out the exploit. The attacker also used his 32 million MNGO tokens in the DAO to vote against carrying out a criminal investigation. The Mango Markets project has experienced a hack that saw approximately $112 million drained by the attacker. The MNGO token […]

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