Team Finance

Amount Lost: $13,073,700.00
Funds Returned: $0.00
Category: Other
Date: 2022-10-27

Quick Summary

Team Finance was hacked for 13,073,700 $USD due to a migration functionality exploit. The stolen funds currently remain on the attacker's EOA address.

Details of the Exploit

Team Finance is a DeFi platform providing secure token-locking opportunities. The project's vault smart contract was exploited due to the vulnerability of a migration functionality. The hacker used a deployed smart contract with unverified source code to withdraw 13,073,700 $USD worth of assets from the project's vault. All the stolen funds currently remain in the attacker's second EOA address.