Seedify’s $SFUND token suffered a major exploit earlier today, triggering one of the sharpest crashes in its history. A bridge powered by LayerZero was compromised, allowing an attacker to mint millions of tokens that were quickly dumped on-chain. The Exploit Unfolds The attacker created a custom token on Polygon and abused bridge functions to mint roughly 8.8 million SFUND on Base. These tokens were then bridged to BNB Chain and offloaded on PancakeSwap. Liquidity drained fast, with the attacker unloading funds in multiple chunks: 300 BNB, 250 BNB, and 200 BNB. Price collapsed from $0.43 to near zero in minutes
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