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Li.Fi

A $10M loss on Ethereum in 2024, caused by an unchecked external call flaw. Here's what happened, the vulnerability class behind it, and where it stands in ProveWall's re-proof pipeline.

Loss$10M
Year2024
ChainEthereum
Vulnerability classUnchecked external call
Mechanismunchecked arbitrary call in facet -> approval drain
◷ In the ProveWall re-proof queue
We have not yet re-executed this exploit on a forked chain. When we do, this page will show a signed, independently replayable receipt — the exploit moving value, and the patched control resisting. Until then this is a factual incident summary, not a proof. No proof, no finding.

What this class of bug is

Unchecked external-call flaws let a contract be steered into calling attacker-controlled code or targets, turning an approval or transfer into a drain.

How to read this page. The dollar figure is the publicly reported loss attributed to this incident. A ProveWall re-proof reproduces the vulnerability class/mechanism by execution on a forked chain, with a signed receipt — we say so explicitly only once that execution has passed.

Want your own contract actually proven — not guessed?

Static tools and LLM auditors ask "is there a check here?" and miss the check that exists but is wrong. OmniGuard Labs runs the exploit on a forked chain and sends you a signed pass/fail receipt. Request a proof-backed audit →