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Security Cointelegraph

$100M drained from Solana DeFi platform Mango Markets, token plunges 52%

The platform’s treasury was drained of over $100 million worth of cryptocurrency after an attacker manipulated the price data of its native token to take out loans against their holdings.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

$100M drained from Solana DeFi platform Mango Markets, token plunges 52%

The platform’s treasury was drained of over $100 million worth of cryptocurrency after an attacker manipulated the price data of its native token to take out loans against their holdings.

Why this matters

This security story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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Read on Cointelegraph

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