Hack history / 2022 / Hack or exploit
MTDAO
Hack or exploit on Oct 17, 2022 · Deposit Logic Flaw
SOURCES AGREE ON DATE AND LOSS · 2 SOURCES
Lost
$702K
dollars at the time
Returned
none listed
as the sources state it
Rank
#1,039
among thefts by dollars lost
What happened
The MTDAO contract deployed on BSC was exploited on October 17, 2022 through a malicious function call that bypassed authorization checks. The attacker called transfer functions on both the MT and ULM tokens to extract 1,930 BNB and 487,042.615 BUSD, then routed funds through Tornado Cash.
Details
- Date
- Oct 17, 2022
- Kind
- Hack or exploit
- Method
- Deposit Logic Flaw
- How in
- Smart contract bug
- Target
- DeFi protocol
- Chains
- BNB Chain
Reported by
Related incidents
Cite this page
SwanBluechip, "MTDAO hack, Oct 17, 2022: $702K lost", Crypto hack history, https://swan-hack-tracker.pages.dev/history/i/ht7349654631/ (data as of 2026-10-31).