The following is the whole process of the incident
We have established cooperation with Izumi. We migrated the $60k pool to izumiswap for dual mining, and provided $20k MTG to reward lp providers. Izumi also took out $5k izi to reward lp providers. The details are as follows cooperation medium：
After that, we established 60k MTG/USDT lp according to the agreement, and also transferred $20k MTG to izumi's address.
build lp:
https://arbiscan.io/tx/0xddc07656042a6bad5c9fae18d7da8e31ea6575744f8e9e8ccd0a450f816b893b
transferred tx:
https://arbiscan.io/tx/0x6f2c67b68b5d888067f6fa624395210b47bd4ac8bc12c7fe395c6f77994f43eb
We found some clues after the formal cooperation. Instead of entering the original $20kMTG into the output contract, they transferred $10kMTG to a private wallet and sold part of the MTG
transferred tx:
https://arbiscan.io/tx/0x116a3cc8f0177c0199e161e19d7b0fefb51a8f7f5ead63a2d0bb54adaaa55bdb
Sell MTG tx:
https://arbiscan.io/tx/0x335ca67dff3e3c14e9ea0c573d680a6c9d6ed23b2c7310a695c7740a2f7a7ef5
https://arbiscan.io/tx/0x60060a70cc85fb785991fe638f02b4775d95d56a4aca39e4e4e3367dde965db5
Moreover, this address added lp after selling MTG, which dug out the profits that users should have,Then we asked the staff of izumi about the situation.
Their employees don't know what's going on, and some of them suggested that we protect our own rights. In view of this situation, we decided to make izumi's actions public.
Afterwards, we announced the incident, which also aroused great repercussions.
https://twitter.com/Metaline001/status/1668538048798412802?s=20
Afterwards they also responded, but no one in the telegram group spoke again, and the unspent emissions they claimed were not re-entered into the mining pool
https://foresightnews.pro/news/detail/24599
Izumi did not respond in the follow-up, and the usdc exchanged by MTG they sold was also in the wallet(0x00097ed1dAcdbAB9141835852f8de20D690B6f94) and was not distributed to the holders of veizi according to their statement. We think this is a premeditated theft. We hope that Arbitrum can help us solve this problem a question