NORMIE meme coin was exploited through a flash loan attack that manipulated the contract's tax logic. The attacker extracted 224.98 ETH by disabling taxes and triggering automatic token dumps. The exploiter offered 90% recovery.

According to community feedback, the Base ecosystem's meme coin NORMIE has been attacked. The attacker exploited a design flaw in the NORMIE token's cross-chain bridge, manipulating the price on the Base Chain using flash loans. Since transactions with NORMIE on the Base Chain incur taxes, these taxes are automatically directed to a wallet controlled by the project team. The attacker injected a large amount of funds into this wallet via flash loans, significantly diluting the token's supply and causing a flash crash in the price.