A community contributor of PeckShield, a blockchain security company, has detected that Wintermute Exploiter-labeled address has become the largest holder of $3CRV, representing 28% of the total tokens. Wintermute suffered a $160 million exploit in September 2022, and the exploiter deposited $114 million into Curve, making it one of the largest exploits in DeFi history.
The Wintermute's holding of $3CRV has raised concerns among the cryptocurrency community, as the exploiter could potentially manipulate the market and cause damage.
Curve Finance 3CRV pool is the largest liquidity pool on the Curve Finance decentralized exchange platform, which is designed for stablecoin swaps. The 3CRV pool consists of three stablecoins: $DAI, $USDC, and $USDT.
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