PancakeSwap OLPC/LABUBU Liquidity Pool Hit in Exploit; About $1.1M Drained

ChainCatcher reported that PeckShield has flagged an attack on the OLPC/LABUBU liquidity pool on PancakeSwap on BNB Chain, with losses estimated at roughly $1.1 million. On-chain traces show the exploiter bridged the proceeds to Ethereum and deposited 633.4 ETH into the mixing service Tornado Cash. The attacker also sent 0.0221 BNB and 0.0411 ETH to a deprecated address. Investigators are continuing to track the exploit and related fund flows.