Data leak [loss] $551,540

Tweet by AirDAO

2024-03-20 [vendor] AirDAO
Primary Source ↗
Financial Loss $551,540 (551,540 USD)

Incident Details

An attacker used social engineering techniques to gain access to the AirDAO project’s liquidity pool. They then were able to drain 126.5 ETH (~$551,540) and 41.6 million AMB (notionally priced at around $500,000, but not very liquid). The thief then transferred the stolen tokens through various exchanges.AirDAO announced the theft the following day, and stated that they were working to track and freeze stolen funds. They also offered the attacker a 10% “bounty” if they chose to return the stolen assets.

Total loss estimated at $551,540.

Technical Details

Initial Attack Vector
Social engineering attack
Vendor / Product
AirDAO

Timeline

  1. 2024-03-20 Breach occurred
  2. 2024-03-20 Publicly disclosed