Solana-based decentralized exchange Stabble has issued an urgent notice for liquidity providers to withdraw their funds immediately. This follows revelations that a North Korean developer was previously involved in the project. The alert was prompted by on-chain analyst ZachXBT, who identified the developer's long-term involvement in the Solana DeFi project Elemental.
Stabble clarified that the North Korean employee joined the team about a year ago, and a new team assumed control of the project four weeks ago. While no attacks have been reported, the exchange is taking precautionary measures, including a new audit to ensure the safety of liquidity providers.
Solana DEX Stabble Urges Liquidity Withdrawal Over North Korean Developer Link
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