$27M of Sushi funds could disappear at the drop of a chef's hat

Cointelegraph

Published Sep 02, 2020 01:35AM ET

Updated Sep 02, 2020 03:20AM ET

Analysis of hot DeFi protocol SushiSwap’s smart contracts has revealed that as much as $27 million worth of the native token is in an admin wallet that could be dumped without warning.

Data analyst and partner at Cinneamhain Ventures, Adam Cochran, took a deep dive into the administrative wallet structure of SushiSwap - a protocol that has gained a lot of traction, and a billion dollars of liquidity, in the past few days.

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