Hope Finance
ID: a7923f1e-45f2-5a8d-b804-b8e1cd82828a
STIX ID: report--a7923f1e-45f2-5a8d-b804-b8e1cd82828a
Feed Name: CertiK Blog
Threat Score
On 20 February 2023 CertiK reported that Hope Finance suffered an insider-driven exit scam on Arbitrum: attackers (likely project insiders) used multisig approvals to swap in a fake router (SwapHelper), invoked OpenTrade() to drain the Genesis Rewards Pool of ~477 WETH and 1,061,759 USDC (~$1.86M), bridged the proceeds to Ethereum and laundered them via Tornado Cash; the report includes on-chain evidence, affected addresses, and highlights multisig centralization as the core vulnerability.
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