Incident Overview
MaximusDAO users fell victim to a phishing scam via a fake Twitter account, resulting in a loss of around 204,000 $USD.
MaximusDAO's users were affected via a phishing attack. The users lost around 204,000 $USD worth of assets. The exploiter used a fake Twitter account with the username maximus_daos.
All the stolen funds were transferred to another EOA address.
Attacker Addresses:
https://etherscan.io/address/0xb023f97b…dab6f9
https://etherscan.io/address/0x13a83f3b…c5dE49
Fake Twitter Account:
https://twitter.com/maximus_daos
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 MaximusDAO, these are the critical security checks that could have prevented this incident (November 2022).
- Verify all logic paths related to Phishing are guarded by proper access controls and input validation - see the Phishing Attacks attack class for patterns
- 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.
Free TrialRelated Attack Classes
The technique used in this hack maps to these vulnerability classes in our security curriculum:
Sources & References
Learn to Prevent the Next MaximusDAO
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