link.png

ID:

facedao-852

Date:

Status:

Incident Count:

April 16, 2022

Verified

1

info.png
target.png
REKT

Contributor:

chain.png

zerofriction.io

KYC By:

KYC:

No

info.png

Audit By:

Audits:

None

Loss Amount:

360,000

info.png

Recovered:

-

Rewards:

Currency:

USD, ETH

info.png

Key Indicators

Platform:

Type:

Category:

Method:

Data Sources:

Ethereum

Dapp

Assets

Key Management

Extended Method:

Private key leak, phishing

info.png

Days in Operation:

225

(0.62 Years)

chain.png
chain.png
chain.png
chain.png
datasource.png

FaceDAO announced on Twitter that on the morning of April 16, 2022 Eastern Time, a large number of FACE tokens were sold on the Ethereum chain. This had a huge impact on the price. The cause of the incident was the hack of a wallet held by a team on the Ethereum chain. Consequently, the FACE tokens held in it were transferred and sold by unauthorized accounts.

The FaceDAO team stated that all transactions on the Ethereum chain and ERC-20 cross-chain FACE transactions have been suspended. Meanwhile, the deposit and withdrawal functions of the FaceDAO APP are temporarily closed.

After that, the team also stated that all FACE tokens circulating on the Ethereum chain will be transferred to BNB Chain. The related contracts will also be deactivated.

https://twitter.com/facedaoio/status/1515576867356520451/photo/1

The attacker exploited 60 billion and 5940.1 billion FaceDAO tokens in two transactions respectively. It exchanged the exploited FaceDAO tokens into 121 ETHs via Uniswap and cashed out the ETHs via Tornado.Cash.

info.png

DISCLAIMER: While web3rekt has used the best efforts in aggregating and maintaining this database, this web site makes no representations or warranties with respect to the accuracy or completeness of its information and data herein, and specifically disclaim any implied warranties of merchantability or fitness for any particular purpose. 

Under no circumstances, shall web3rekt 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 data and information derived from this database.