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Detail Analysis

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Date:

Status:

Count:

Contributor:

October 12, 2020

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Verified

1

zerofriction.io

Loss Amount:

42,000

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Recovered Amount:

-

Currency:

Dollars, WLEO

KYC By:

Audit By:

None

None

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Website:

No data

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:

Protocol

Contract Vulnerabilities

Extended Method:

Casting WLEO, insider theft

Data Sources:

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The WLEO contract of the Ethereum project was hacked late yesterday, resulting in the theft of $42,000 worth of funds. The hackers stole Ethereum from the pool of the decentralized exchange Uniswap by casting WLEO to themselves and replacing it with Ethereum. After the hacker attack, the price of WLEO dropped by 99%. The token issuing contract/address gets exposed and then someone takes advantage of it to mint infinite tokens and rug pull the Uniswap pool to steal the Ethereum,” said Khaleel Kazi, founder of the LEO Finance community, in a report about the hack.

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DISCLAIMER: While Zero Friction LLC has used the best efforts in aggregating and maintaining this database, Zero Friction LLC makes no representations or warranties with respect to the accuracy or completeness, and specifically disclaim any implied warranties of merchantability or fitness for any particular purpose. 

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.