VERDICT —OUT OF SCOPE
Root cause is social engineering — privileged personnel deceived into authorizing the drain. Contract behaved as written. Defense lives in process controls (multi-party approval, M-of-N signoff windows), not in smart-contract review.
▰ METHOD
Social Engineering
SOCIAL-ENGINEERING
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
Classification: Ecosystem. Technique: Social Engineering. Target type: Other.
Sourced from
DefiLlama Hacks dataset · api.llama.fi/hacks
Technical record
- chain
- —
- protocol
- CoinsPaid
- bug_class
- social-engineering
- date_occurred
- 2023-07-22
- loss_usd
- $37,300,000
- classification
- Ecosystem
- technique
- Social Engineering
- target_type
- Other
- source_id
- dl:adhoc:coinspaid:1689984000
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