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BlueMove liquidity pools on Sui drained, users allege insider backdoor
Jul 12, 2026
< 1 min read
by Hannah Collymore
for CryptoPolitan
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On July 11, liquidity pools for multiple tokens in the Sui ecosystem tied to the BlueMove DEX were drained, with on-chain observers accusing the DEX of pulling funds via a planted backdoor. The incident highlights major DeFi security and trust risks for Sui, threats to token holders and liquidity providers, and could hurt adoption and market confidence in the crypto and DEX ecosystem.
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The liquidity pools behind quite a number of tokens in the Sui ecosystem were emptied on Saturday, July 11. The liquidity pools are tied to BlueMove, a decentralized exchange on the Sui blockchain, and onchain observers are now accusing the DEX of pulling the funds through a planted backdoor. One of the voices that has...
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In This News
Coins
$ 0.738
-0.90%Predictions Markets
See what traders are focused on
Share: