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What will be the legal outcome for @STACCoverflow by the end of 2024?
4
Resolution / Starting Odds
No legal action • 25%
Investigation only • 25%
Charged with a crime • 25%
Convicted of a crime • 25%
Court records or official law enforcement announcements
Story
Pump.fun Exploited in Flash Loan Attack, $80M Lost; Trading Paused
May 16, 2024, 04:52 PM
Pump.fun, a platform for launching memecoins, has been exploited through a flash loan attack. The attacker used flash loans to buy up all the tokens, filling the bonding curve and breaking the site. This exploit has reportedly resulted in an estimated $80 million loss. The attacker, allegedly @STACCoverflow, has compromised the bonding curve contracts, causing significant disruption. Marginfi, another platform, was also reportedly involved in the exploit, though it claims its operations are normal and funds are safe. Pump.fun has paused trading and assured users that previously connected wallets are safe. The exploit also affected the tokens' listing on Raydium, a Solana-based platform.
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Charged with a crime • 33%
Civil lawsuit • 33%
No legal action • 34%
No legal action • 33%
Civil lawsuit • 33%
Criminal charges • 34%
No new legal actions • 33%
New allegations or lawsuits • 33%
Settlement or resolution of existing allegations • 34%
No legal action taken • 25%
Civil lawsuit filed • 25%
Criminal charges filed • 25%
Settlement reached • 25%
No further actions • 33%
Civil lawsuits for damages • 33%
Criminal charges • 34%
Conviction • 33%
Deportation • 33%
Other • 33%
Jail time • 33%
Probation • 33%
No punishment • 33%
All convicted • 33%
All acquitted • 33%
Mixed verdicts • 34%
Civil lawsuit filed • 25%
Criminal investigation initiated • 25%
No legal action taken • 25%
Settlement or resolution outside of court • 25%
All charges dropped • 25%
Settlement reached • 25%
Trial proceeds • 25%
Conviction • 25%