PancakeSwap LP Loses $2.96M After Signing Malicious EIP-7702 on July 24

CAKE-0.50%
ETH-3.06%
According to on-chain security analyst Specter, a PancakeSwap liquidity provider lost approximately $2.96 million yesterday after signing a malicious EIP-7702 authorization. The attacker removed about $1.48 million in BSC-USD and $1.48 million in BUSD liquidity provided by the victim, then exchanged the BUSD for ETH. The attacker has deposited approximately $1.46 million into Tornado Cash, with the remaining $1.48 million in USDT held at the attacker's address.
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