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Safemoon LP Exploited for $8.9M; SFM Tokens Remain 'Safe,' CEO Says

Retrieved on: 2024-03-17 15:11:57

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Summary

The article describes a security breach in the Safemoon token's liquidity pool, where attackers exploited a smart contract bug to steal $9 million in cryptocurrency, which negatively impacted SFM's market value. The tags indicate the content involves cryptocurrencies, corporate crime, decentralized finance, and blockchain technology.

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