Compound Finance Attack Turns Fee Switch? Twist Sees Attacker Labeled Hero
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Compound Finance has reached a resolution with its alleged attacker. The deal, seemingly forced by the would-be attacker, looks set to benefit COMP holders significantly. The unexpected twist has earned the would-be attacker high praise. Often dubbed by regulators as a "wild west," there is hardly any dull moment in the crypto space. At the center of the most recent drama is the DeFi lending protocol Compound Finance. Over the past 48 hours, the protocol has been embroiled in controversy amid an alleged governance attack that looked set to allocate 5% of the protocol's treasury worth around $24 million
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