Hack history / 2022 / Hack or exploit
Elephant Money
Hack or exploit on Apr 12, 2022 · Spot Price Manipulation
ATTACK TX CONFIRMED ON CHAINSOURCES AGREE ON DATE AND LOSS · 5 SOURCES
Lost
$22.2M
dollars at the time
Returned
none listed
as the sources state it
Rank
#192
among thefts by dollars lost
What happened
On April 12, 2022, Elephant Money on BSC was exploited via flash loan attack. Attacker borrowed 131K WBNB and 91M BUSD, manipulated ELEPHANT price via the manipulable oracle, and exploited insufficient flash loan guards in the TRUNK redemption mechanism to steal ~$22.2M.
Details
- Date
- Apr 12, 2022
- Kind
- Hack or exploit
- Method
- Spot Price Manipulation
- How in
- Price, oracle and governance
- Target
- DeFi protocol
- Chains
- BNB Chain
- Audit (rekt.news)
- Solidity Finance
Related incidents
Nostra Money Market 2026 · Hack or exploit · $3.5M
Ploutos Money 2026 · Hack or exploit · $390K
AlleyCat project developer takes presale money to fund gambling habit 2025 · Rug pull · $130K
Zero Edge crypto casino enters liquidation after founder gambles away its seed money 2025 · Collapse or insolvency · $8.3M
Crypto scam money launderers charged for laundering more than $73 million through Deltec 2024 · Fraud · $73M
Ploutos Money 2026 · Hack or exploit · $390K
AlleyCat project developer takes presale money to fund gambling habit 2025 · Rug pull · $130K
Zero Edge crypto casino enters liquidation after founder gambles away its seed money 2025 · Collapse or insolvency · $8.3M
Crypto scam money launderers charged for laundering more than $73 million through Deltec 2024 · Fraud · $73M
Cite this page
SwanBluechip, "Elephant Money hack, Apr 12, 2022: $22.2M lost", Crypto hack history, https://swan-hack-tracker.pages.dev/history/i/ht3b6c6cd6d1/ (data as of 2026-10-31).