ChainBleedv0.1 · open intel
← back to feed·LOGIC2022-03-20 · 4y ago
Incident · SLOWMIST

Li.finance

Contract Vulnerability
Estimated loss
$600.0K
VERDICT —UNRATED
Verdict pending. Auto-ingested incidents are reviewed before a public verdict is rendered.
▰ METHOD
LOGIC
LOGICBYTECODE CATCHABLEAI SCANNABLE
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

According to official reports, attackers exploited Li.finance’s smart contracts and managed to steal around $600,000 (currently worth $587,500 or 205 ETH) from 29 wallets. Attackers took various tokens from users’ wallets, including USDC, MATIC, RPL, GNO, USDT, MVI, AUDIO, AAVE, JRT, and DAI. The project team has found the vulnerability and created a fix, compensating most of the affected users in less than 18 hours. Attack method (per SlowMist): Contract Vulnerability. Reported loss: $ 600,000.

Primary source
https://blog.li.finance/20th-march-the-exploit-e9e1c5c03eb9
Sourced from
slowmist
Technical record
chain
protocol
Li.finance
bug_class
logic
date_occurred
2022-03-20
loss_usd
$600,000
source_id
sm:li-finance::2022-03-20
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