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BlockSec: Unverified contract on BSC was attacked, resulting in a loss of over $600,000.00

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ForesightNews
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Jul 24, 2025

According to BlockSec monitoring, a malicious transaction targeting an unverified contract on Binance Smart Chain (BSC) was discovered, resulting in losses exceeding $600,000.00. As the contract is not open source, our investigation indicates that the root cause is a lack of slippage protection. This vulnerability allowed the attacker to exploit the contract, using a fake liquidity pool to obtain $TA tokens, and then selling these tokens in a legitimate pool for profit. It is recommended that users who have granted approval to this contract immediately revoke these permissions to prevent further losses. [Foresight News]

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