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ID:

rabbit-finance-291

Date:

Status:

Incident Count:

July 14, 2021

Verified

1

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REKT

Contributor:

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zerofriction.io

KYC By:

KYC:

None

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Audit By:

Audits:

None

Loss Amount:

-

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Recovered:

-

Rewards:

Currency:

USD

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Key Indicators

Platform:

Type:

Category:

Method:

Data Sources:

Binance

Protocol

Lending

Scams

Extended Method:

Scam

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Days in Operation:

0

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Medium user Anonymous Dev published an article stating that there are a large number of loopholes in the BSC ecological Rabbit Finance code, which may be suspected of running away. The vulnerabilities include: 1. The total supply of tokens RABBIT is not the hard cap of 203,000,000 as the team claims; 2. The owner of Rabbit's FairLaunch can issue unlimited RABBIT tokens at any time; 3. 100% of the positions can be liquidated at any time and funds It can be stolen at any time, and there is no maximum limit on the configurable protocol parameters; 4. All funds on the platform may be stolen, and Rabbit’s EOA account can be upgraded to execute the contract at any time. The official did not respond to this matter.

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