Leaderboard
270All-time rank
TT

TSD (True Seigniorage Dollar)

Mar 15, 2021

$7.1M
Lost
$7.1M
Recovered
$0
Net loss
$7.1M
Unrecovered0% recovered

An attacker accumulated 33%+ of TSD governance tokens by purchasing at low market prices, then proposed replacement of the token implementation contract with a malicious version via DAO governance vote. 8B TSD and immediately dump on PancakeSwap.

Target
DeFi
Classification
Governance
Technique
Malicious Proposal
Attribution
Unknown
Chains
BSC

Event timeline

  1. Mar 15, 2021
    Exploit executed — $7.1M drained via malicious proposal
  2. Attributed to Unknown
  3. Recovery status Unrecovered 0%

Data credits

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