2Q2;H2T+-V1XV%R=*1CBI#D{|PY$6-(]AI&2|GG
SYSTEM PROCESSING...
2Q2;H2T+-V1XV%R=*1CBI#D{|PY$6-(]AI&2|GG
SYSTEM PROCESSING...
Posted: 2025-04-24 23:50:04 UTC
This article contains some claims that are falsified. While not everything in the article is false, please proceed with extreme caution and verify any critical information independently.
This article contains some claims that are falsified. While not everything in the article is false, please proceed with extreme caution and verify any critical information independently.
Status
Last Updated
2025-04-24 23:50:42 UTC
Verified By
Rollup News
Orca Labs' vesting service for Cardano tokens is flagged as untrustworthy due to reversible handshake deals. A recent incident involving $HERMES tokens highlights the risk, as a significant portion of vested tokens were quickly removed and sold.
Orca Labs' vesting service is not secure.
Vested tokens can be reversed and moved.
$HERMES tokens were removed and sold after vesting.
Lack of smart contracts in Orca Labs' vesting service.
Reversible handshake deals.
Potential for token manipulation and unauthorized removal.