Blockaid: Meter is under ongoing attacks as the attacker has minted $2.3 million in wrapped MTRG and dumped it.
According to Blockaid, Meter is facing ongoing attacks on BNB Chain. Attackers are exploiting Meter Passport to mint a large amount of wrapped MTRG and sell portions on PancakeSwap. Approximately $2.3 million in unbacked wrapped MTRG has been minted through around two issuance transactions so far, and the attack remains ongoing.