Pirate Chain Exploit Mints 39.8M ARRR, Boosting Supply by 20%
On October 14, Pirate Chain found a transaction validation flaw that let attackers create 39.8 million ARRR, raising supply by 20%. The tokens went to the Sapling privacy pool. NonKYC platforms detected suspicious deposits, restricted accounts, and blocked withdrawals. The exploit used two failed checks, one bypassing minting limits and another misparsing the output script.
