Leaderboard
730All-time rank
F

Flexcoin

Mar 2, 2014

$600K
Lost
$600K
Recovered
$0
Net loss
$600K
Unrecovered0% recovered

Flexcoin's exchange had a race condition in its transfer code. An attacker sent thousands of simultaneous transfer requests between user accounts, moving coins from one account to another until the sending account was overdrawn before balances were updated, stealing 896 BTC.

Target
CEX
Classification
Protocol Logic
Technique
Withdrawal Logic Flaw
Attribution
Unknown
Chains
Bitcoin

Event timeline

  1. Mar 2, 2014
    Exploit executed — $600K drained via withdrawal logic flaw
  2. Attributed to Unknown
  3. Recovery status Unrecovered 0%

Data credits

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