On July 2022, LPC suffered a business logic flaw — the first of 144 documented business logic flaw incidents in our archive where the loss figure was not publicly disclosed but the exploit pattern is documented below.
Attack Mechanics: How the LPC Business Logic Flaw Played Out
Exploit Class Applied to LPC
The LPC incident on July 25, 2022 is classified as a Business Logic Flaw. A business-logic bug in the contract — such as an incorrect formula or missing state update — lets the attacker withdraw more than their share. In the full archive, LPC is 1 of 144 documented business logic flaw incidents.
LPC in Context
The LPC incident joins a class whose largest loss to date is – EulerFinance (2023) at $200M.
Prior Business Logic Flaw Before LPC
The nearest business logic flaw incident before LPC was Fantasm Finance, 138 days earlier on March 9, 2022 ($2 lost). The same exploit class surfaced again within the business logic flaw attack surface.
LPC Vulnerability Signature
The primary source categorises the LPC exploit specifically as “Business Logic Flaw : Incorrect recipient balance check, did not check sender!=recipient in transfer”. This narrower label is entity-specific: it reflects how the LPC contract failed, rather than the broad business logic flaw pattern alone.
Impact & Recovery for LPC
LPC Loss Figure
The loss figure for LPC is not publicly disclosed. The primary source reports the exploit in non-USD terms, so no USD estimate is published here. For reference, the average loss across 144 business logic flaw incidents in our archive is $6.08M.
Timeline Since the LPC Incident
The LPC exploit occurred 3.7 years ago (1,359 days). The contract, its fork-block, and the attack transaction remain on-chain and forensically reproducible.
Primary Reference for LPC
Public post-mortem / on-chain analysis for the LPC incident: view source.
FAQ
How much did LPC lose?
The LPC loss figure is not publicly disclosed. The primary source reports the exploit in non-USD token terms, so no USD estimate is published here.
When did the LPC hack happen?
The LPC exploit was recorded on July 25, 2022 — 1,359 days ago.
What type of exploit hit LPC?
The LPC incident is classified as a Business Logic Flaw. A business-logic bug in the contract — such as an incorrect formula or missing state update — lets the attacker withdraw more than their share.
How common is the Business Logic Flaw pattern seen at LPC?
Our archive contains 144 documented business logic flaw incidents. The LPC incident is one of them.
How does LPC compare to the largest Business Logic Flaw attack?
The largest business logic flaw incident in our archive is – EulerFinance (2023) at $200M. The LPC loss was not publicly disclosed.
How does the BBDSPP scheme contribute to IIoT data sharing and privacy protection according to experimental results?
Experimental results show the scheme effectively overcomes existing solution limitations, demonstrating strong feasibility and performance.
What blockchain model is preferred for internal company use according to the document?
Private blockchains are preferred for internal use, limiting access to company members.