Inflated Books: The $250K Attack on Sperax USD
ID: f2fa0115-bd95-5f92-9bb4-0f84c115887f
STIX ID: report--f2fa0115-bd95-5f92-9bb4-0f84c115887f
Feed Name: CertiK Blog
Threat Score
On Feb 4, 2023 Sperax USD (USDs) was exploited via incorrect migration/rebasing logic that allowed an attacker to inflate the stablecoin supply, resulting in an approximate $250K loss; the vulnerable contract was unverified and out of the CertiK audit scope, so detailed technical attribution is limited.
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