Hacker Exploits a Bug in Li Finance: Users lose over $600,000 — Derev Blog

Pete Boyle
Coinmonks
Published in
2 min readMar 25, 2022

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Quick take:

  • The hacker targeted Li Finance’s swapping feature, which allows swaps to be performed before bridging.
  • The hacker managed to steal around $600,000 from 29 wallets

In what appears to be a smart contract exploitation at Li Finance, 29 users lost around $600,000. Hackers carried out the exploit in a single transaction done at 02:51 AM +UTC.

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