Incident Overview
The vulnerability originated in the Migrator.sol contract. The contract allowed the Mendi Comptroller address to be passed dynamically, rather than being hardcoded. This enabled the attacker to supply their own malicious Comptroller, mint a synthetic position on Malda, and withdraw approximately $285,000.
Sources & References
This record presents information attributed to the linked sources. Incident dates describe the original event, not a new report. Reported loss figures reflect the source record and are not current market valuations.