What happened
Quick Summary
Coinbin employees exploited access to private keys, leading to bankruptcy and shutdown of the project.
Details of the Exploit
An employee of Coinbin allegedly had access to the private keys of multiple accounts. The employee was able to exploit this access to siphon off funds from these accounts. As a result of this exploit, Coinbin was forced to file for bankruptcy and shut down operations, leaving users without access to their funds.
Protocol details
Evidence
- report Report ccn.com
- report @issuemakerslab incident report twitter.com
- analysis DeFiLlama defillama.com
Understand the attack patterns
Build your security review skills
Work through hands-on labs covering real exploit mechanics, review techniques, and defensive patterns.
