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Loopring

Jun 9, 2024

$5.0M
Lost
$5.0M
Recovered
$0
Net loss
$5.0M
Unrecovered0% recovered

On June 9, 2024, Loopring's Official Guardian 2FA service (off-chain infra) was compromised, allowing attackers to masquerade as wallet owners, reset ownership, and steal $5M from Smart Wallets. Users with single guardian reliance were especially vulnerable.

Target
DeFi
Classification
Frontend & Infrastructure
Technique
API Key Compromised
Attribution
Unknown
Chains
Loopring

Event timeline

  1. Jun 9, 2024
    Exploit executed — $5.0M drained via api key compromised
  2. Attributed to Unknown
  3. Recovery status Unrecovered 0%

Data credits

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