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.
▰ PROOF OF CONCEPT
DEFIHACKLABS
src/test/2023-03/safeMoon_exp.sol
view forked test on github ↗Reproducible Foundry test fork from SunWeb3Sec/DeFiHackLabs. Clone the repo, run forge test against the file path above, and replay the exploit against a mainnet fork at the historical block. Use for reproduction only — not for live targets.
Forensic narrative
The Safemoon token liquidity pool (LP) was drained of nearly $9 million worth of tokens on Wednesday after attackers manipulated a faulty feature on its smart contracts. Safemoon’s SFM tokens fell over 40% in early Asian hours before slightly recovering at writing time. Reported loss: $200,000,000.
Primary source
https://www.coindesk.com/tech/2023/03/29/safemoon-lp-exploited-for-89m-sfm-tokens-remain-safe-ceo-says/ ↗Sourced from
chainsec
Technical record
- chain
- —
- protocol
- SafeMoon
- bug_class
- unknown
- date_occurred
- 2023-03-29
- loss_usd
- $200,000,000
- source_id
- cs:safemoon::2023-03-29
Related — same bug class