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Detail Analysis

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Date:

Status:

Count:

Contributor:

September 20, 2021

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Verified

1

zerofriction.io

Loss Amount:

35,000,000

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Recovered Amount:

-

Currency:

Dollars, BTC

KYC By:

Audit By:

None

None

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Website:

Twitter:

No data

Discord:

No data

Telegram:

No data

Medium:

No data

Github:

No data

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Key Indicators

Platform:

Type:

Category:

Method:

Multi-Chain

Protocol

Lending

Contract Vulnerabilities

Extended Method:

Contract vulnerabilities

Data Sources:

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According to official sources, the loan agreement Vee Finance officially released an explanation about the attack. The content is as follows: On September 20, the Vee Finance team noticed multiple abnormal transfers. After further monitoring, a total of 8804.7 ETH and 213.93 BTC were stolen (total Worth more than 35 million U.S. dollars). The attacker's address is: 0xeeeE458C3a5eaAfcFd68681D405FB55Ef80595BA. After investigation, the suspected attacker launched the attack through the above address and has obtained the stolen assets from this address. In order to ensure the safety of more users' assets, the team has suspended the platform contract and suspended the deposit and withdrawal functions. The stablecoin part is not affected by this attack. Utilizes cToken forgery issues and precision processing issues

Updated 5/2
On April 2022, the exploiter started to move the stolen funds (~119K ETH) to Tornado.Cash - https://twitter.com/PeckShieldAlert/status/1521316569116151808?s=20&t=zkmyTwVWbL-Czmr8zipxBg

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Under no circumstances, shall Zero Friction LLC be liable for any loss of profit or funds, any regulatory or governmental penalties, any legal costs, or any other commercial and non-commercial damages, including but not limited to special, incidental, consequential, or other damages from any or all usage of the dataset or information derived from our database.