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Flamingo Finance legacy contract suffers flash loan attack, attacker profits approximately $345,900

2026.09.16 - 14:30

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TechFlow reports that on September 16, according to Blockaid monitoring, the legacy Flamincome contract on Flamingo Finance was attacked. The attacker borrowed approximately 18 million USDT via a flash loan, staked USDP LP into the Strategy contract to inflate the price of VaultYUSDT shares, and subsequently redeemed liquidity for aUSDT, currently realizing a profit of approximately $345,900.

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