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
According to the intelligence of the SlowMist Zone, the LV Finance project of the Ethereum mining project is suspected of running away within an hour and 4 million have been transferred away. Unlike previous projects, the project used fake audit websites and provided false audit information to trick investors into doing business. Invest and run away when the amount in the fund pool is large enough after a period of time. Currently, the project website lv.finance is no longer accessible. Attack method (per SlowMist): Rug Pull. Reported loss: $ 4,000,000.
Sourced from
slowmist
Technical record
- chain
- ethereum
- protocol
- LV Finance
- bug_class
- rug
- date_occurred
- 2020-09-20
- loss_usd
- $4,000,000
- source_id
- sm:lv-finance::2020-09-20
Related — same bug class· rug