Build Finance Encounters a Hostile Governance Takeover Attack

TokenInsight news, Decentralized venture organization Build Finance attacked by a hostile governance takeover. The attacker successfully took over the $BUILD token contract by winning enough votes for the proposal. It cast 1,107,600 $BUILD in three transactions and exhausted most of the funds in Balancer and Uniswap liquidity pools. In addition, the $130,000 $METRIC tokens in the DAO vault were sold off. Users should be careful not to continue to buy $BUILD tokens on any platform.