Mu Coin Incident Analysis
ID: 6be944c0-b56d-5d30-90ba-939a18a053e8
STIX ID: report--6be944c0-b56d-5d30-90ba-939a18a053e8
Feed Name: CertiK Blog
Threat Score
On 10 December 2022 a flash-loan/oracle manipulation attack exploited pricing differences between Mu Coin/Mu Gold bond contracts and their LP pairs on AVAX, allowing an attacker to extract ~57,659 USDC (converted to 45.1 ETH) and launder funds via cBridge and Tornado Cash; the report describes the attack flow, contract design vulnerability (bond pricing tied to a single LP pair), relevant transactions and addresses, and the project's market and response impacts.
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