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Elrond

Jun 5, 2022

$113M
Lost
$113M
Recovered
$0
Net loss
$113M
Unrecovered0% recovered

65M EGLD (~$113M) and convert 917k to WEGLD, creating unbacked WEGLD in circulation. The team recovered the illegal WEGLD and burned it, restoring the 1:1 backing ratio with two mainnet upgrades.

Target
DeFi
Classification
Token & Share Accounting
Technique
Infinite Mint
Attribution
Unknown
Chains
Elrond

Event timeline

  1. Jun 5, 2022
    Exploit executed — $113M drained via infinite mint
  2. Attributed to Unknown
  3. Recovery status Unrecovered 0%

Data credits

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