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News / Crypto & Digital Assets / Tokenized Google stock inflated 7,700% in rare DeFi lending exploit
Crypto & Digital Assets

Tokenized Google stock inflated 7,700% in rare DeFi lending exploit

An attacker inflated the value of a tokenized Google share used as collateral to about 78 times its real price, then borrowed against it, leaving roughly $403,000 in bad debt.

An attacker inflated the value of a tokenized Google share used as collateral to about 78 times its real price, then borrowed against it, leaving roughly $403,000 in bad debt.

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This article references CoinDesk. Open original source.