On October 2022, PLTD was exploited in a business logic flaw, resulting in approximately $24K in losses. That makes the PLTD exploit the 319th largest DeFi incident out of 690 documented in our archive.
Attack Mechanics: How the PLTD Business Logic Flaw Played Out
Exploit Class Applied to PLTD
The PLTD incident on October 18, 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, PLTD is 1 of 144 documented business logic flaw incidents.
PLTD in Context
At $24K, the PLTD exploit is a minor (<$1M) event compared to the largest same-class incident in our archive — – EulerFinance (2023) at $200M.
Prior Business Logic Flaw Before PLTD
The nearest business logic flaw incident before PLTD was Bad Guys by RPF, 46 days earlier on September 2, 2022. The same exploit class surfaced again within the business logic flaw attack surface.
PLTD Vulnerability Signature
The primary source categorises the PLTD exploit specifically as “Transfer Logic Flaw”. This narrower label is entity-specific: it reflects how the PLTD contract failed, rather than the broad business logic flaw pattern alone.
Impact & Recovery for PLTD
PLTD Loss Figure
The PLTD exploit caused $24,000 in losses — a minor (<$1M) incident and the 41st largest of 129 documented in 2022.
Where PLTD Sits Among Business Logic Flaw Attacks
Ranked by loss size, PLTD is the 64th largest of 144 business logic flaw incidents documented. That puts the PLTD loss below the class average of $6.08M.
Timeline Since the PLTD Incident
The PLTD exploit occurred 3.5 years ago (1,274 days). The contract, its fork-block, and the attack transaction remain on-chain and forensically reproducible.
Primary Reference for PLTD
Public post-mortem / on-chain analysis for the PLTD incident: view source.
FAQ
How much did PLTD lose?
The PLTD exploit in October 2022 resulted in $24,000 in losses — the 41st largest of 129 DeFi incidents that year.
When did the PLTD hack happen?
The PLTD exploit was recorded on October 18, 2022 — 1,274 days ago.
What type of exploit hit PLTD?
The PLTD 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 PLTD?
Our archive contains 144 documented business logic flaw incidents. The PLTD incident is one of them.
How does PLTD compare to the largest Business Logic Flaw attack?
The largest business logic flaw incident in our archive is – EulerFinance (2023) at $200M. The PLTD loss is $24K.
What does the GARCH (1,1) model aim to predict in the context of cryptocurrencies?
The GARCH (1,1) model aims to predict the volatility of cryptocurrency returns, identifying the effects of trading volume, information demand, and other variables.
What financial instrument is the focus of the study?
Green bonds.