Raydium Confirms $1.34M Drain on Deprecated AMM V3, Pledges Treasury Compensation

Raydium core contributor Infra confirmed Wednesday that an attacker drained ~$1.34M from the legacy AMM V3 program, a contract phased out in 2021. Current users were unaffected, the treasury will cover full compensation, and the root cause was a self-contained LP-mint validation flaw. PeckShield earlier traced the laundering across KuCoin, a Solana-to-Ethereum bridge, Tornado Cash and FixedFloat.

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