Victor the Fortune Hack

TOTAL LOST $58K
Low Other

Summarize with AI

ChatGPT Perplexity Claude Grok
Affected Chain 2022 Incident surface
Recovered - No recovery reported
All-Time Rank #1687 By amount stolen
Protocol Type Exploit/Other Target category

Incident Overview

Quick Summary

Victor the Fortune was exploited using smart contract vulnerability. The hacker was able to mint $VTF tokens and made a profit of 58,450 $USD by selling them.

Details of the Exploit

Victor the Fortune is a BEP20 token trading on P2ESwap. The project was exploited via minting vulnerability. The hacker deployed a malicious smart contract with unverified source code to take a 100,000 $BUSD flash loan and bought $VTF tokens.

Consequently, the malicious smart contract minted $VTF tokens to multiple newly deployed contracts and sold the tokens on P2ESwap. In the same transaction flash loan was paid back leaving a profit of 58,450 $BUSD to the attacker. The price of the $VTF token dropped by more than 98% at the moment.

Block Data Reference

Attacker address:

https://bscscan.com/address/0x57c112cf…60e1ce

Malicious contract:

https://bscscan.com/address/0x450595e4…b0a877

Malicious transaction:

https://bscscan.com/tx/0xeeaf7e96…d9b086

Incident Report

Protocol / Project Victor the Fortune
Date of Incident
Attack Technique Other
Classification Token
Primary Source View Post-Mortem

Protocol Information

Protocol Type Exploit/Other
Affected Token VTF
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 other 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 Victor the Fortune's contract logic - root cause: token
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? Likely — with a thorough Other audit checklist and test coverage

If you're auditing a protocol with similar architecture to Victor the Fortune, these are the critical security checks that could have prevented this incident (October 2022).

  • Verify all logic paths related to Other 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.

Free Trial

Sources & References

Browse all hacks

These hacks used the same attack technique. Understanding the pattern helps prevent future exploits.

DeFiTuna $570K
Other
Cascade $1.3M
Other
Lumi Finance $264K
Other
Hinkal $820K
Other
AIDCToken $121K
Other
Polymarket $3.0M
Other

Learn to Prevent the Next Victor the Fortune

The Victor the Fortune 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.

Start Free Trial Browse Attack Library
Recreate exploit patterns safely Free Trial