How much was lost in the Hunter Global hack?

The Hunter Global hack resulted in $1.2M in losses on May 08, 2022.

What attack technique was used in the Hunter Global exploit?

The Hunter Global exploit utilized Rugpull. Understanding this attack vector is critical for smart contract auditors and developers building secure DeFi protocols.

How can developers prevent similar smart contract attacks?

Preventing smart contract hacks requires a combination of secure coding practices, thorough security audits, and understanding common attack vectors like reentrancy, oracle manipulation, and access control flaws. Smart Contract Hacking (SCH) provides hands-on training to help developers and auditors identify and prevent vulnerabilities before deployment.

Hunter Global Hack

TOTAL LOST $1.2M

Medium May 08, 2022 Rugpull

Affected Chain 2022 Incident surface

Recovered - No recovery reported

All-Time Rank #796 By amount stolen

Protocol Type Exit Scam/Rugpull Target category

Incident Overview

Quick Summary

Hunter Global's centralized team wallet rug pulled $HOUND token worth roughly 1,200,000 $USD.

Details of the Exploit

Hunter Global claimed to be a bot service platform meant facilitating trades amongst decentralized autonomous organizations.. Their centralized team address used privileges and removed liquidity in 4 transactions. Subsequently swapping them on PanCake Swap for $BNB worth 1,200,000 $USD at the moment.

Block Data Reference

Address of scammer: https://bscscan.com/address/0xcAA51c5C…E56626

Liquidity remove transactions:

https://bscscan.com/tx/0x0aec4347…8dde4a

https://bscscan.com/tx/0x155d2f20…c51a1f

https://bscscan.com/tx/0xfc30fcce…20bfef

Swap transactions:

https://bscscan.com/tx/0xb16dee69…33dd62

https://bscscan.com/tx/0x14cf5756…61373c

0x81d3ec77438b4e99aa99ba25b1dbc3fea317fe3b0x81d3ec77438b4e99aa99ba25b1dbc3fea317fe3b

Incident Report

Protocol / Project Hunter Global

Date of Incident May 08, 2022

Attack Technique Rugpull

Classification Exchange (DEX)

Primary Source View Post-Mortem

Protocol Information

Protocol Type Exit Scam/Rugpull

Affected Token Hound

Team Anonymous

Source Code Verified On-Chain

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.

Technical Knowledge Deep understanding of rugpull and Solidity and EVM internals

Capital Required Seed capital to cover gas and initial position setup

On-Chain Access Ability to interact with smart contracts and deploy a custom exploit contract

Protocol Analysis Identification of the exploitable vulnerability in Hunter Global's contract logic - root cause: exchange (dex)

Execution Speed Precise transaction ordering and timing to exploit the vulnerability within a single atomic block

Obfuscation Plan A strategy to launder and move stolen funds - typically through mixers, cross-chain bridges, or decentralized DEX swaps to resist tracing

What Auditors Should Check

Could this have been caught in audit? Hard to catch — private key / OpSec failures are outside smart contract audit scope

If you're auditing a protocol with similar architecture to Hunter Global, these are the critical security checks that could have prevented this incident (May 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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Sources & References

01
Source 1 https://archive.is/SLN0f

Threat Assessment

Severity Level

MEDIUM

Attack Vector Rugpull
Root Cause Exchange (DEX)
Year 2022

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