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ID:

wleo-452

Date:

Status:

Incident Count:

October 12, 2020

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:

42,000

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Recovered:

-

Rewards:

Currency:

USD, WLEO

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Key Indicators

Platform:

Type:

Category:

Method:

Data Sources:

Protocol

Contract Vulnerabilities

Extended Method:

Casting WLEO, insider theft

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Days in Operation:

0

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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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