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Hack history / 2024 / Hack or exploit

Erc20transfer

Hack or exploit on Oct 22, 2024 · Improper Access Control

ATTACK TX CONFIRMED ON CHAINSOURCES AGREE ON DATE AND LOSS · 2 SOURCES
Lost
$15K
dollars at the time
Returned
none listed
as the sources state it
Rank
#2,195
among thefts by dollars lost

What happened

An unverified Ethereum contract intended as an ERC20 transfer utility lacked access control in its erc20TransferFrom function, allowing anyone to transfer tokens from users who had granted approval, draining USDC across multiple victims.

Details

Date
Oct 22, 2024
Kind
Hack or exploit
Method
Improper Access Control
How in
Smart contract bug
Target
Token
Chains
Ethereum

Reported by

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Cite this pageSwanBluechip, "Erc20transfer hack, Oct 22, 2024: $15K lost", Crypto hack history, https://swan-hack-tracker.pages.dev/history/i/ht7876a161db/ (data as of 2026-10-31).
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