The Jimbos Protocol attack incident was caused by the lack of slippage control in liquidity transfer operations

ChainCatcher news, according to an analysis by PeckShield, the hacking incident of Jimbos Protocol was due to a lack of slippage control on liquidity transfer operations, which caused the liquidity held by the protocol to be invested in a skewed/unbalanced price range, used for reverse swaps to gain profit.

ChainCatcher previously reported that the Jimbos Protocol project was suspected of being attacked, with a total loss of approximately $7.5 million. (source link)