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ID:

local-traders-1608

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Date:

Status:

Incident Count:

May 23, 2023

Verified

1

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REKT

Contributor:

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web3rekt.com

KYC By:

KYC:

None

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50 pts

Audit By:

Audits:

None

Loss Amount:

116,132

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Recovered:

-

Rewards:

Ticker:

USD, LCT

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100 pts
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Platform:

Type:

Category:

Method:

Data Sources:

Binance Smart Chain

Assets

Token

Contract Vulnerabilities

Extended Method:

Lack of permission check

Days in Operation:

232

(0.64 Years)

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100 pts each

The project was exploited on BSC for 379 BNB. The root cause was a lack of permission check allowing anyone to call a function to set the price of the token, which the exploiter set to $1 and obtained the tokens for the low price. Initial funds were sourced from Tornado Cash.

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