PeckShield: Jimbos Protocol Is Suspected To Be Under Attack, and the Protocol Token Has Fallen by Over 40% in a Short Period of Time

On May 28th, according to PeckShield monitoring, Jimbos Protocol, a liquidity protocol in the Arbitrum ecosystem, was suspected to have been attacked and suffered a cumulative loss of approximately $7.5 million. The stolen funds have been transferred to an address on the Ethereum network via a cross-chain protocol. As a result, JIMBO, the token for the protocol, has experienced a short-term decline of over 40%.

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