{"id":38887,"date":"2021-03-14T15:37:46","date_gmt":"2021-03-14T13:37:46","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=38887"},"modified":"2025-08-30T06:52:50","modified_gmt":"2025-08-30T03:52:50","slug":"blockchain-platform-for-issuing-social-money-hacked-for-5-7-million","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/blockchain-platform-for-issuing-social-money-hacked-for-5-7-million\/","title":{"rendered":"Blockchain platform for issuing &#8216;social money&#8217; hacked for $5.7 million"},"content":{"rendered":"<p>An unknown attacker stole and sold a &#8216;huge amount&#8217; of Roll tokens issued on the Ethereum platform, according to The Block researcher Igor Igamberdiev. The attacker obtained almost 3,000 ETH (~$5.7 million).<!--more--><\/p>\n<blockquote class=\"twitter-tweet\" data-lang=\"en\">\n<p dir=\"ltr\" lang=\"en\">1\/5<\/p>\n<p>Two hours ago, someone sold a huge amount of social tokens issued on Roll platform.<\/p>\n<p>As a result, an attacker earned almost 3k ETH ($5.7M), of which 700 have already been sent to Tornado Cash.<\/p>\n<p>Most of social token prices dumped as a result. <a href=\"https:\/\/t.co\/WmdMogBBnd\">pic.twitter.com\/WmdMogBBnd<\/a><\/p>\n<p>\u2014 Igor Igamberdiev (@FrankResearcher) <a href=\"https:\/\/twitter.com\/FrankResearcher\/status\/1371039886657085445?ref_src=twsrc%5Etfw\">March 14, 2021<\/a><\/p>\n<\/blockquote>\n<p><script async=\"\" src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>He has already sent 700 ETH to the Tornado Cash mixer.<\/p>\n<p>Roll lets any user issue their own branded tokens on the Ethereum blockchain. They can use the asset to monetise activity within a community. The platform calls such coins &#8216;social money&#8217;.<\/p>\n<p>The maximum token issuance on Roll is 10 million units. The first 2 million are issued to the user immediately, with the remaining minted over three years.<\/p>\n<p>The compromised address belongs to the platform, so the expert suggested either a private-key compromise or insider action. It is not known whether the attacker gained access to other elements of Roll&#8217;s infrastructure, the researcher added.<\/p>\n<p>The prices of most tokens affected by the incident have fallen significantly.<\/p>\n<div id=\"attachment_127935\" style=\"width: 1926px\" class=\"wp-caption alignnone\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-127935\" class=\"wp-image-127935 size-full\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/Ewbm-AhW8AMB0qJ.jpg\" alt=\"\u0411\u043b\u043e\u043a\u0447\u0435\u0439\u043d-\u043f\u043b\u0430\u0442\u0444\u043e\u0440\u043c\u0443 \u0434\u043b\u044f \u0432\u044b\u043f\u0443\u0441\u043a\u0430 \u00ab\u0441\u043e\u0446\u0438\u0430\u043b\u044c\u043d\u044b\u0445 \u0434\u0435\u043d\u0435\u0433\u00bb \u0432\u0437\u043b\u043e\u043c\u0430\u043b\u0438 \u043d\u0430 $5,7 \u043c\u043b\u043d\" width=\"1916\" height=\"1548\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/Ewbm-AhW8AMB0qJ.jpg 1916w, https:\/\/u1f987.com\/wp-content\/uploads\/Ewbm-AhW8AMB0qJ-300x242.jpg 300w, https:\/\/u1f987.com\/wp-content\/uploads\/Ewbm-AhW8AMB0qJ-1024x827.jpg 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/Ewbm-AhW8AMB0qJ-768x620.jpg 768w, https:\/\/u1f987.com\/wp-content\/uploads\/Ewbm-AhW8AMB0qJ-1536x1241.jpg 1536w\" sizes=\"auto, (max-width: 1916px) 100vw, 1916px\" \/><\/p>\n<p id=\"caption-attachment-127935\" class=\"wp-caption-text\">Data: Twitter.<\/p>\n<\/div>\n<p>The wallet still holds a small amount of little-known coins that the attacker could liquidate, Igamberdiev noted.<\/p>\n<p>In February, the hacker behind the DeFi project Furucombo <a href=\"https:\/\/u1f987.com\/en\/news\/defi-project-furucombo-hacked-for-14-million\">for $14 million in Ethereum and ERC-20 tokens<\/a> also actively used Tornado Cash to launder assets.<\/p>\n<p>Earlier, Crystal Blockchain <a href=\"https:\/\/u1f987.com\/en\/news\/report-attackers-are-13-times-faster-at-disposing-of-stolen-cryptocurrencies\">noted<\/a> that over the past five years mixers have become the second-most popular channel for criminals to launder assets.<\/p>\n<p>Subscribe to Forklog news on <a href=\"https:\/\/www.facebook.com\/forklog\" target=\"_blank\" rel=\"nofollow noopener noreferrer\"> Facebook<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>An unknown attacker stole and sold a &#8216;huge amount&#8217; of Roll tokens issued on the Ethereum platform, according to The Block researcher Igor Igamberdiev. The attacker obtained almost 3,000 ETH (~$5.7 million).<\/p>\n","protected":false},"author":1,"featured_media":38888,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1154],"class_list":["post-38887","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-crimes"],"aioseo_notices":[],"amp_enabled":true,"views":"18","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/38887","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=38887"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/38887\/revisions"}],"predecessor-version":[{"id":38889,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/38887\/revisions\/38889"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/38888"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=38887"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=38887"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=38887"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}