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Bad night for wrapped Leo

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Published: 11 Oct 2020 › Updated: 11 Oct 2020Bad night for wrapped Leo

Bad night for wrapped Leo

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Coingecko price is below hive again. Someone dumped a lot today. In the discord group there is suggestions that some holder was hacked and leo was dumped on uniswap. Links below but I'm not technical enough to explain it.

https://etherscan.io/address/0xa305fab8bda7e1638235b054889b3217441dd645#comments

https://etherscan.io/token/0x352c0f76cfd34ab3a2724ef67f46cf4d3f61192b?a=0x0000000000000000000000000000000000000000

https://etherscan.io/address/0x8c9a02c89c96940e377052a9be0c7326f89a2495#tokentxnsIs

https://etherscan.io/token/0x352c0f76cfd34ab3a2724ef67f46cf4d3f61192b?a=0x8c9a02c89c96940e377052a9be0c7326f89a2495

I'd love to understand fully how this happened and if it's even possible to figure out who got the proceeds of this sale.

Fingers crossed nobody lost more than they could afford to lose because that would be an awful thing to happen. People know to invest at their own risk level but sometimes it's hard not to fomo into an investment. That being said a 50% price haircut is an opportunity for some.

I don't hold much Leo but I want to buy some next time I have spare fiat. It's hard to buy crypto during a pandemic when work colleagues are being let go around you. Probably have to ride out that uncertainty first. If I bought and then was fired I'd have to sell at possibly unfavorable prices in a few months time to pay rent etc.

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