Scam Sniffer, a prominent watchdog for cryptocurrency scams, has uncovered a major breach in the early contract Bscex SwapX of the LaunchZone project on the Binance Smart Chain (BNB). The scam has resulted in the loss of over $7.8 million in funds and has put 34,065 addresses at risk. https://twitter.com/realScamSniffer/status/1640182289115250689 Longstanding Loophole in Wallet Address Authorization Victims of the scam reported stolen BUSD which was traced back to an authorized SwapX contract (0x2658…) from over…
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