VERDICT —UNRATED
Verdict pending. Auto-ingested incidents are reviewed before a public verdict is rendered.
▰ METHOD
Undisclosed
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
The Li Finance swap aggregator has experienced a smart contract exploit leading to the loss of around $600,000 from 29 users’ wallets. The exploit took place at 2:51 am UTC on Sunday. The attacker was able to extract varying amounts of 10 different tokens from wallets that had given “infinite approval Reported loss: $600,000.
Primary source
https://cointelegraph.com/news/li-finance-protocol-loses-600-000-in-latest-defi-exploit ↗Sourced from
chainsec
Technical record
- chain
- —
- protocol
- Li Finance
- bug_class
- unknown
- date_occurred
- 2022-03-21
- loss_usd
- $600,000
- source_id
- cs:li-finance::2022-03-21
Related — same bug class