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 on-chain detective ZachXBT, Sorta Finance is likely to conduct an exit scam on Arbitrum in the future, so do not use the protocol. This scammer has previously stolen over $25 million through scams such as Magnate, Kokomo, Lendora, Solfire, Crolend, and HashDAO. Attack method (per SlowMist): Scam. Reported loss: -.
Primary source
https://x.com/zachxbt/status/1816443881447440789 ↗Sourced from
slowmist
Technical record
- chain
- arbitrum
- protocol
- Sorta Finance
- bug_class
- rug
- date_occurred
- 2024-07-25
- loss_usd
- —
- source_id
- sm:sorta-finance::2024-07-25
Related — same bug class· rug