NORMIE Token $881,686 Exploit: Inside the Hack

In a recent high-profile hack, an attacker exploited a vulnerability in the NORMIE token's smart contract, resulting in a loss of 224.98 ETH, or approximately $881,686. By cleverly using strategic swaps, flash loans, and a flaw in the contract logic, the attacker manipulated the token supply and made off with significant profits.

Highlights:

• The attacker initially acquired a large number of NORMIE tokens.
• They exploited a function to gain special user status.
• A flash loan was used to manipulate token supply.
• The attacker withdrew assets using a special mechanism.
• The total profit amounted to 224.98 ETH.

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