On May 2024, TGC was exploited in a business logic flaw, resulting in approximately $32K in losses. That makes the TGC exploit the 295th largest DeFi incident out of 690 documented in our archive.
Attack Mechanics: How the TGC Business Logic Flaw Played Out
Exploit Class Applied to TGC
The TGC incident on May 12, 2024 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, TGC is 1 of 144 documented business logic flaw incidents.
TGC in Context
At $32K, the TGC 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 TGC
The nearest business logic flaw incident before TGC was Yield, 12 days earlier on April 30, 2024 ($181K lost). The same exploit class surfaced again within the business logic flaw attack surface.
Impact & Recovery for TGC
TGC Loss Figure
The TGC exploit caused $32,000 in losses — a minor (<$1M) incident and the 83rd largest of 188 documented in 2024.
Where TGC Sits Among Business Logic Flaw Attacks
Ranked by loss size, TGC is the 58th largest of 144 business logic flaw incidents documented. That puts the TGC loss below the class average of $6.08M.
Timeline Since the TGC Incident
The TGC exploit occurred 1.9 years ago (702 days). The contract, its fork-block, and the attack transaction remain on-chain and forensically reproducible.
Primary Reference for TGC
Public post-mortem / on-chain analysis for the TGC incident: view source.
FAQ
How much did TGC lose?
The TGC exploit in May 2024 resulted in $32,000 in losses — the 83rd largest of 188 DeFi incidents that year.
When did the TGC hack happen?
The TGC exploit was recorded on May 12, 2024 — 702 days ago.
What type of exploit hit TGC?
The TGC 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 TGC?
Our archive contains 144 documented business logic flaw incidents. The TGC incident is one of them.
How does TGC compare to the largest Business Logic Flaw attack?
The largest business logic flaw incident in our archive is – EulerFinance (2023) at $200M. The TGC loss is $32K.
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