Ellipsis zBNB-BNB LP Exploit Update:. Hi Everyone,.
13 Aug 2023, 12:10
Ellipsis zBNB-BNB LP Exploit Update:
Hi Everyone,
We want to share the progress we recently made for the Ellipsis zBNB-BNB LP Exploit investigation.
We've settled with one of the arbitrageurs using wallet address 0xde21a52af82e37589a461703eb5b60862cb51262. They've returned 80% of their profit, totaling $24,000, which will be distributed as compensation to zBNB-BNB LP providers. More details on the refund process will follow shortly.
Following further investigation, it is in our view that the arbitrage wallet 0xde21a52af82e37589a461703eb5b60862cb51262 is not linked to the Ellipsis pool exploiter address or any other arbitrageur wallets identified earlier.
Our investigation and efforts continue as we strive to achieve the best possible outcome for the LP providers, community, and protocol.
Rest assured, we'll keep everyone informed about any new developments.