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Lendf.Me Exploit (April 2020)

Token: BTC

Date: 19 Apr 2020

Estimated value: 25 000 000

On Apr 19, 2020 Lendf.Me suffered a hack that used imBTC to exploit smart contract and achieve unlimited collateral. Attacker was able to drain the pool by borrowing of stablecoins. Funds were returned after the perpetrators’ IP leaked.