AI Protocol Hack

TOTAL LOST $4.3M
Medium Phishing Attacks

What happened

Quick Summary

On the 1st of March 2024, $4.3M was fished from an ALI token holder.

Details of the Exploit

The hack targeted wallet 0x7653C936…6A744E, where 113,102,183 ALI Utility Tokens were stolen using the Inferno Drainer service. In response, a rapid community governance vote was conducted, leading to the burning of the stolen tokens.

Block Data Reference

Exploiter:

https://etherscan.io/address/0x2ee9a175…621edb

Victim:

https://etherscan.io/address/0x7653C936…6A744E

Drain TX:

https://etherscan.io/tx/0xc943ea89…9417cc

Case & protocol details

Classification Other
Protocol Type Exploit/Phishing
Affected asset / contract ALI

Evidence & learning

Attack pattern

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Phishing Attacks

Sources and on-chain records

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Other incidents recorded with the same attack technique.

Whale Wallet Drain $25.6M
USDC Permit Signature Phishing $1.8M
Social Engineering Scam $282M
Address Poisoning Attack $50.0M

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