Leaderboard
1052All-time rank
LT

Local Traders

May 24, 2023

$118K
Lost
$118K
Recovered
$0
Net loss
$118K
Unrecovered0% recovered

On May 23, 2023, Local Traders protocol on BSC was exploited when an attacker called an unprotected function (0xb5863c10) to become the contract owner, then manipulated token pricing to purchase LCT tokens at artificially low prices and resell them.

How the exploit worked

View reproducible PoC

Improper Access Control of Close-source contract.

Lost: ~384 BNB

Source: DeFiHackLabs (SunWeb3Sec)

Target
DeFi
Classification
Access Control
Technique
Improper Access Control
Attribution
Unknown
Chains
BSC

Event timeline

  1. May 24, 2023
    Exploit executed — $118K drained via improper access control
  2. Attributed to Unknown
  3. Recovery status Unrecovered 0%

Data credits

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