Key Takeaways:
- FOOMCASH $2.26M copycat-loss claim currently lacks verification.
- No security firm or mainstream crypto source has confirmed that amount.
- Treat the figure as uncorroborated until validated by credible institutions.
The FOOMCASH $2.26 million copycat-loss claim remains unverified. There is no named security-firm disclosure or mainstream crypto report confirming that figure. It should be treated as an uncorroborated allegation pending institutional validation.
In crypto, โcopycat attacksโ usually describe malicious clones or imitators exploiting a projectโs brand or code. Using that label requires documentation that ties losses to such activity. Publicly cited summaries available to date do not establish that link for FOOMCASH.
Available reporting points to a separate security issue centered on a contract-level weakness, not copycat activity. The incident has been linked to FOOMCASHโs lottery logic and the Groth16 validator, indicating a technical vulnerability rather than a brand-impersonation scheme.
As reported by AICoin, citing a CertiK report, the issue involved FOOMCASHโs lottery contract associated with Groth16 and led to roughly $1.8 million in losses. The coverage added that the design flaw allowed attackers to โrepeatedly claim ZOOM tokens with the same input.โ The same reporting did not describe copycat attacks or corroborate a total of $2.26 million.
At the time of this writing, displayed market data appears delayed. FOOMCASH metrics indicate a current price of 0.0, volatility near 13.14% (very high), sentiment flagged as bearish, and an RSI(14) around 45.05 (neutral). These figures are background context and do not imply causation.
Disclaimer: CoinLineup.com provides cryptocurrency and financial market information for educational and informational purposes only. The content on this site does not constitute financial, investment, or trading advice. Cryptocurrency and stock markets involve significant risk, and past performance is not indicative of future results. Always conduct your own research and consult a qualified financial advisor before making any investment decisions.
About the author
FOOMCASH faces $2.26M copycat claims as CertiK checks
Data shows claims differ from confirmed losses; FOOMCASH $2.26 million, copycat attacks, CertiK report is weighed against a reported $1.8M flaw, plus checks.
Crypto ETNs lose ISA status from Oct 2025
HMRC reclassifies, removing ISA eligibility 8 Oct 2025โ6 Apr 2026; platforms may force sales. crypto ETNs, Stocks & Shares ISA, Innovative Finance ISA (IFISA)
Global debt hits $348T in 2025 amid sovereign borrowing
IIF data shows global debt reached $348T in 2025 as governments borrowed more; analysts cite higher interest costs, rollover walls and debt-to-GDP pressures.
WLFI revamps staking as arbitrage profits shift to holders
WLFI staking rewards, USD1 stablecoin yield, governance centralization risks: proposal redirects arbitrage profits to stakers; analysts flag regulatory risk.
Bitcoin steadies as futures show backwardation, ETF outflows
Data on Bitcoin cycle bottom, futures backwardation, ETF outflows shows bearish positioning while on-chain gauges flag base-building, analysts say per flow data.
Chainlink rebounds as crypto market steadies; volume slips
Chainlink price today edges higher as the broader crypto market stabilizes; data shows softer volumes, oversold RSI, and flows improving after liquidations.
Related
Crypto ETNs lose ISA status from Oct 2025
HMRC reclassifies, removing ISA eligibility 8 Oct 2025โ6 Apr 2026; platforms may force sales. crypto ETNs, Stocks & Shares ISA, Innovative Finance ISA (IFISA)
Global debt hits $348T in 2025 amid sovereign borrowing
IIF data shows global debt reached $348T in 2025 as governments borrowed more; analysts cite higher interest costs, rollover walls and debt-to-GDP pressures.
WLFI revamps staking as arbitrage profits shift to holders
WLFI staking rewards, USD1 stablecoin yield, governance centralization risks: proposal redirects arbitrage profits to stakers; analysts flag regulatory risk.
Bitcoin steadies as futures show backwardation, ETF outflows
Data on Bitcoin cycle bottom, futures backwardation, ETF outflows shows bearish positioning while on-chain gauges flag base-building, analysts say per flow data.
Chainlink rebounds as crypto market steadies; volume slips
Chainlink price today edges higher as the broader crypto market stabilizes; data shows softer volumes, oversold RSI, and flows improving after liquidations.
Bittensor (TAO) listed on Binance Cross Margin at 08:00 UTC
Binance confirms TAO/USD1 and ADA, DOGE, PEPE '/U' pairs on Cross Margin at 08:00 UTC; clarify USD1 vs USDT notation, leverage tiers and risks on Binance Margin.
