Swan Treasury Private Key Leak Results in Loss of Approximately $625,000
By: rootdata|2026/07/31 06:29:18
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The decentralized asset management protocol Swan Treasury on the BNB Chain suffered a loss of approximately $625,000 due to a private key leak. The attacker forged valid signatures to purchase STY at a 100x discount, using about 19,700 USDT to buy around 687,000 STY, and forged claim()/transfer signatures on a sibling contract. They then dumped the STY into the STY/USDT pool, profiting approximately 625,000 USDT. Each ecrecover in the transaction resolved to an exact hardcoded signer, confirming that the key itself was leaked, rather than a flaw in the signing logic.
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