Odinfun founder Bob Bodily confirmed a critical AMM vulnerability led to 58.2 BTC stolen in two hours via liquidity manipulation attacks. The attack was reported by the community after BTC deposits dropped from 291 BTC to 232.8 BTC in a short timeframe. Attackers exploited $satoshi tokens to inflate prices and drain BTC, prompting withdrawal suspensions and a top-tier security audit. U.S. and Chinese authorities are investigating identified wallets, with Bodily demanding stolen BTC’s return or prosecution over extensive evidence. A user compensation plan and AMM fixes are underway, though treasury funds cannot fully cover losses, as the platform vows to rebuild trust through actions.
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