Hack history / 2023 / Hack or exploit
LW Token
Hack or exploit on May 12, 2023 · Spot Price Manipulation
ATTACK TX CONFIRMED ON CHAINSOURCES AGREE ON DATE AND LOSS · 3 SOURCES
Lost
$50K
dollars at the time
Returned
none listed
as the sources state it
Rank
#1,927
among thefts by dollars lost
What happened
An attacker exploited the LW token on BSC using a flashloan-based price manipulation attack. The marketAddr account held 173,272 USDT which was used to artificially manipulate the LW price on the PancakeSwap LW-BUSD pair, enabling the attacker to extract approximately 48,415 USDT through price distortion. The LW token price collapsed 69% following the exploit.
Details
- Date
- May 12, 2023
- Kind
- Hack or exploit
- Method
- Spot Price Manipulation
- How in
- Price, oracle and governance
- Target
- DeFi protocol
- Chains
- BNB Chain
Reported by
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Cite this page
SwanBluechip, "LW Token hack, May 12, 2023: $50K lost", Crypto hack history, https://swan-hack-tracker.pages.dev/history/i/ht3b77f15709/ (data as of 2026-10-31).