VERDICT —UNRATED
Verdict pending. Auto-ingested incidents are reviewed before a public verdict is rendered.
Root cause
Root-cause analysis not yet published. The incident description below contains all currently available signal — review the attack transaction directly for definitive forensics.
Forensic narrative
Arbitrum ecological DEX ArbiSwap is suspected of Rug Pull. ArbiSwap deployers minted 1 trillion ARBI before Rug Pull, and then converted ARBI into USDC, which caused a sharp drop in ARBI in the USDC/ARBI transaction pair. In the next block, the robot passed USDC to ARBI then traded ETH for spatial arbitrage, making a profit of 68.47 ETH. ArbiSwap has transferred 84 ETH to the Ethereum mainnet and sent it to TornadoCash. Attack method (per SlowMist): Rug Pull. Reported loss: 84 ETH.
Primary source
https://arbiscan.io/tx/0x54ca307057b38110f60fce515ba35321fde82b876b4a2abf77368924903216e1 ↗Sourced from
slowmist
Technical record
- chain
- ethereum
- protocol
- ArbiSwap
- bug_class
- rug
- date_occurred
- 2023-03-02
- loss_usd
- —
- source_id
- sm:arbiswap::2023-03-02
Related — same bug class· rug