Yuga Labs Vice President: PPv2 Exploit Ongoing, Urges Users to Revoke Token Approvals Immediately
Yuga Labs Blockchain Vice President Quit (0xQuit) warns that the security vulnerability associated with PPv2 remains actively exploited, leaving even previously unaffected users at risk. Monitoring shows that an address was drained within a single block after accepting a quote and receiving 0.15246 WETH; attackers directed 99% of the illicit proceeds to block builders (Titan Builder), making conventional fund recovery via frontrunning extremely difficult.
