Incident Overview
Animoca Brands issued a scam alert about a new ERC-20 token βAnimoca Brands Metaverseβ on Uniswap V2 that fraudulently claims to be associated with Animoca Brands and uses the symbol βAnimocaβ
The contract deployer added initial liquidity at:
https://etherscan.io/tx/0x01eed379β¦4f8289
The contract deployer used his funds to buy fake Animoca tokens at multiple transactions. Finally, the liquidity was removed by the contract deployer at:
https://etherscan.io/tx/0x1a7590ffβ¦affa83
Incident Report
Protocol Information
What the Attacker Needed to Succeed
Understanding the prerequisites for this type of attack helps auditors identify protocols that are most at risk and helps developers build better defenses.
What Auditors Should Check
If you're auditing a protocol with similar architecture to Animoca Brands Metaverse, these are the critical security checks that could have prevented this incident (February 2022).
- Verify all logic paths related to Rugpull are guarded by proper access controls and input validation
- Review privileged functions (owner, admin, governance) for potential abuse vectors - centralization risks should be documented and bounded with timelocks or multi-sigs
Master these auditing techniques with hands-on labs and real exploit scenarios in the Smart Contract Hacking course.
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