Cryptocurrency [loss] $94,300

Tweet by PeckShieldAlert

2022-07-11 [vendor] Citizen Finance [chain] polygon, bsc
Primary Source ↗
Financial Loss $94,300 (94,300 USD)
Blockchain(s) Polygon, Bsc

Incident Details

Citizen Finance, a multichain platform that has something to do with NFTs and blockchain gaming, claimed to have suffered an attack by an outside party who obtained access to a private key for the BNB and Polygon chains. The attacker then used their access to transfer 244 BNB ($55,000), 57,637 MATIC ($32,300), and 7,000 USDC for a total windfall of around $94,300. The theft also caused the value of the CIFI token to plummet more than 50%.As with many of these attacks, it’s not immediately clear if there was truly an outside party who gained unauthorized access, or if the “attack” was actually a rug pull or an inside job. The project tweeted on July 16 that they were “continu[ing] to investigate” and had hired outside security firms to try to help them identify the hacker and recoup lost funds.

Total loss estimated at $94,300.

Technical Details

Initial Attack Vector
Exit scam / rug pull
Vendor / Product
Citizen Finance

Timeline

  1. 2022-07-11 Breach occurred
  2. 2022-07-11 Publicly disclosed