BlockBeats news, on August 13, the co-founder of odin.fun responded to previous theft reports on platform X, stating that 'a significant vulnerability was discovered in its latest liquidity AMM (automated market maker) update. Some malicious users (mainly related to criminal gangs within China) exploited this vulnerability to steal a large amount of BTC from the platform. They are still assessing the specific amount of BTC lost, and the company's funds are insufficient to cover the losses. The remaining funds on the platform are safe. We have identified several groups that profited from this vulnerability, and we will pursue them and file lawsuits (especially considering the amount of evidence we have, including their wallet activity).'
According to previous reports, the odin.fun platform allegedly experienced a vulnerability, resulting in the transfer of approximately 58.2 BTC.