Hack Drains $12M from Polter Finance, Raising Insider Speculation
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Nov 18 2024AMP GPT Scam and Investor Losses: AMP GPT allegedly defrauded over 3,000 investors in Mexico through a crypto trading bot scam, leading to halted withdrawals and claims of verification fees, while many victims filed complaints seeking justice.
Security Breaches in Crypto Platforms: Polter Finance lost $12 million due to a hack linked to a faulty oracle price-related flash loan attack, while Thala Labs successfully recovered $25.5 million after a security breach, highlighting ongoing vulnerabilities in the crypto space.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
