MasterChef Mischief: Examining the Rug Pull in Swaprum Protocol
ID: f8b0329d-3fd0-596d-9d8b-a534c51254db
STIX ID: report--f8b0329d-3fd0-596d-9d8b-a534c51254db
Feed Name: CertiK Blog
Threat Score
On May 18, 2023 the Swaprum protocol deployer performed a rugpull by upgrading the MasterChef staking contract to a malicious implementation, draining approximately $3,000,000 of staked LP tokens and minting/selling Swaprum tokens; the root cause was abuse of the contract's upgradeability and owner privileges.
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