Market Maker Hack
Inside the BROCCOLI Incident: How a Market-Maker Account Compromise Turned Into a $1M Trade and What Exchanges Should Fix
An alleged market-maker account compromise on Binance ignited a BROCCOLI rally that a trader converted into roughly $1M in profits. This article reconstructs the timeline, the technical weak points that enabled the exploit, and concrete controls exchanges, custodians, and counterparties should adopt.
Published at 2026-01-01 15:40:12
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