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Cashio App Incident Analysis

ID: 12c1deed-4817-5b72-9832-780b01963312

STIX ID: report--12c1deed-4817-5b72-9832-780b01963312

Feed Name: CertiK Blog

Threat Score
75/100

Date Published: 2022-12-06

Date Updated: 2026-06-11

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On March 23, 2022 an attacker exploited a missing collateral verification in the Cashio App smart-contract flow to mint roughly $52.8M in CASH tokens using valueless fake LP tokens, then swapped and bridged proceeds to Ethereum; the report contains transaction links, attacker addresses, a detailed attack flow, and notes that about $25M remained unrecovered as of June 2022.

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