Premia Labs was attacked: approximately $400,000 in treasury assets on Arbitrum have been stolen

Security company Blockaid has detected that Premia Labs' protocol on Arbitrum is facing ongoing attacks. The attackers are locking the vault's collateral in related pools by creating empty options pools, using flash loans, and purchasing options, and then extracting assets in the form of liquidity.

As of the time Blockaid released the news, the attackers had transferred approximately $400,500 in assets from the vault through about 2 transactions, and the attack is still ongoing.