Incident Overview
Condom presale raised over $900k and performed exit scam.
On the 4th of April presale performed by the Condom token team was rigged with a profit of 4,965 $SOL. Social media were deleted as well.
Scammer:
4gHb9tUASDRgpe2vdi6Y2jh8mbSqPCmyf1ZvSUcazKSc
Incident Report
Protocol Information
Market Context at Time of Hack
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 Condom, these are the critical security checks that could have prevented this incident (April 2024).
- 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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The Condom hack is one of many attacks that skilled auditors are trained to detect before deployment. Master real exploit patterns and defense techniques with hands-on Web3 security training.