OlaXBT

Multisig wallet Social Engineering Exploit

Estimated loss

$2.00M

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

Multisig wallet Social Engineering Exploit

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: Multisig wallet Social Engineering Exploit. Target type: DeFi Protocol. Affected chains: BSC. Implementation language: Solidity.

Sourced from

DefiLlama Hacks dataset · api.llama.fi/hacks

Technical record