CertiK flags $820K exploit draining NEM token’s PancakeSwap liquidity pool

An attacker abused a flawed sell-tracking mechanism in the NemTokenV2 contract on BNB Chain, repeating the trick 42 times before bridging funds to Ethereum Another BNB Chain token has learned that clever tokenomics can turn into an attacker’s playbook. On October 22, 2026, CertiK Alert flagged an exploit targeting the $NEM token, with losses estimated at approximately $820,000. The attack hit the USDT/NEM liquidity pool on PancakeSwap . The culprit was not a stolen key or a rogue insider, but a logic flaw baked into the token’s own smart contract. Security firm SlowMist corroborated the findings and put the damage at about $821,920. The vulnerable code sits in a contract called NemTokenV2.

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