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Slippage vulnerability + 55 intermediate accounts deleted and they fled—this script is too DeFi; getting back 30% counts as good luck
The attacker set up fake token pools on Ref Finance and injected liquidity, exploiting slippage vulnerabilities to direct borrowed debt tokens to controlled pools, leading to mass liquidations and depletion of reserves.
To conceal their identity, they deleted 55 intermediary accounts.
So far, they have recovered 3.36M USDC, 1.56M NEAR, and frozen 4.34 million USDT (Tether 3.29M, NEAR Intents 1.05M).
The protocol has been paused, and they are cooperating with exchanges and filing a report.