Cryptocurrency [loss] $140,000

Tweet by Zilverk

2022-02-06 [vendor] Ratz Club [chain] solana
Primary Source ↗
Financial Loss $140,000 (140,000 USD)
Blockchain(s) Solana

Incident Details

Mexican VTuber Zilverk created an NFT project called Ratz Club, built on the Solana blockchain. On February 6, the project announced that a developer they had contracted drained all of the funds from the project wallet. The project lost about 1,300 SOL, or around $140,000. The project announced that Zilverk and another developer would be putting their own money back into the project, and that “you are going to be able to replace your Ratz with a new series of Ratz, all holders will receive the same amount of Ratz they had minted for free. (Since the Ratz you already minted are kinda are useless).”

Total loss estimated at $140,000.

Technical Details

Initial Attack Vector
Smart contract exploit / hack
Vendor / Product
Ratz Club

Timeline

  1. 2022-02-06 Breach occurred
  2. 2022-02-06 Publicly disclosed