shield Price Manipulation · $50K loss

INUKO Hack: How $50K Was Lost in a Price Manipulation (2022)

On October 2022, INUKO was exploited in a price manipulation, resulting in approximately $50K in losses. That makes the INUKO exploit the 269th largest DeFi incident out of 690 documented in our archive.

Attack Mechanics: How the INUKO Price Manipulation Played Out

Exploit Class Applied to INUKO

The INUKO incident on October 14, 2022 is classified as a Price Manipulation. The attacker drives the on-chain price of a token up or down within a single transaction to extract value from the protocol. In the full archive, INUKO is 1 of 85 documented price manipulation incidents.

INUKO in Context

At $50K, the INUKO exploit is a minor (<$1M) event compared to the largest same-class incident in our archive — CreamFinance (2021) at $130M.

Prior Price Manipulation Before INUKO

The nearest price manipulation incident before INUKO was ZoomproFinance, 39 days earlier on September 5, 2022 ($61.2K lost). The same exploit class surfaced again within the price manipulation attack surface.

INUKO Vulnerability Signature

The primary source categorises the INUKO exploit specifically as “FlashLoan price manipulation”. This narrower label is entity-specific: it reflects how the INUKO contract failed, rather than the broad price manipulation pattern alone.

Impact & Recovery for INUKO

INUKO Loss Figure

The INUKO exploit caused $50,000 in losses — a minor (<$1M) incident and the 35th largest of 129 documented in 2022.

Where INUKO Sits Among Price Manipulation Attacks

Ranked by loss size, INUKO is the 42nd largest of 85 price manipulation incidents documented. That puts the INUKO loss below the class average of $3.9M.

Timeline Since the INUKO Incident

The INUKO exploit occurred 3.5 years ago (1,278 days). The contract, its fork-block, and the attack transaction remain on-chain and forensically reproducible.

Primary Reference for INUKO

Public post-mortem / on-chain analysis for the INUKO incident: view source.

FAQ

How much did INUKO lose?

The INUKO exploit in October 2022 resulted in $50,000 in losses — the 35th largest of 129 DeFi incidents that year.

When did the INUKO hack happen?

The INUKO exploit was recorded on October 14, 2022 — 1,278 days ago.

What type of exploit hit INUKO?

The INUKO incident is classified as a Price Manipulation. The attacker drives the on-chain price of a token up or down within a single transaction to extract value from the protocol.

How common is the Price Manipulation pattern seen at INUKO?

Our archive contains 85 documented price manipulation incidents. The INUKO incident is one of them.

How does INUKO compare to the largest Price Manipulation attack?

The largest price manipulation incident in our archive is CreamFinance (2021) at $130M. The INUKO loss is $50K.

What percentage of companies surveyed have customers asking for more transparency in transactions?

61% of companies reported their customers demand more transparency.

What is the expected impact of adopting a Central Bank Digital Currency (CBDC) on tax fraud according to the surveyed faculty?

The adoption of a CBDC is expected to result in less tax fraud and increase tax revenues.