Blockaid: Meter is under ongoing attacks as the attacker has minted $2.3 million in wrapped MTRG and dumped it.

TechFlow reports that on September 24, according to Blockaid monitoring, Meter is facing sustained attacks on BNB Chain. Attackers exploited Meter Passport to mint a large amount of wrapped MTRG, selling a portion on PancakeSwap. To date, approximately $2.3 million in unbacked wrapped MTRG has been minted through roughly two issuance transactions, and the attack remains ongoing.