Raydium exploit drains $1.34M via fake LP tokens on legacy AMM

Raydium confirmed an exploit drained roughly $1.34 million from its legacy AMM V3 program, with the attacker using fabricated LP tokens to pull liquidity from pools the protocol had already phased out in 2021. In a statement via its @0xINFRA account, the team said no current Raydium users were…