Sei Ecosystem's Filament DEX Faces Targeted Attack Resulting in Significant Losses

According to Foresight News, the Sei ecosystem's derivatives decentralized exchange (DEX), Filament, experienced a targeted attack on April 6 between 8:00 and 12:00 UTC+8. The attackers exploited price manipulation and self-liquidation mechanisms to illegally withdraw funds. The total user deposits amounted to approximately $680,000, with estimated losses reaching around $572,000. In response to the attack, Filament has suspended trading and withdrawals on the platform source: https://www.binance.com/en/square/post/22580541767338?utm_source=BinanceNewsRSS