Avalanche flash loan exploit sees $371K in USDC stolen
![Avalanche flash loan exploit sees $371K in USDC stolen](https://cryptoinvestment.at/wp-content/uploads/2022/09/avalanche-flash-loan-exploit-sees-371k-in-usdc-stolen.jpg)
The scammer deployed a custom smart contract, leveraging a $51 million flash loan to manipulate the AVAX/USDC Trader Joe LP pool price for a single block.
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The scammer deployed a custom smart contract, leveraging a $51 million flash loan to manipulate the AVAX/USDC Trader Joe LP pool price for a single block.