FairWin's ethereum smart contract, a gambling game built built on the ethereum protocol that had recently been accused of being a Ponzi scheme, has just been completely emptied, according to data provided by Etherscan.
The total balance in the contract at press time is zero, while last September 26 it had 49,518 ETH.
According to Etherscan, several withdrawals have been made to different ethereum addresses, although it is not clear whether these withdrawals are the result of an attack or if users are simply withdrawing their funds.
Blockchain developer Philippe Castonguay warned a few days ago that "http://FairWin.me's Ponzi scheme contained critical vulnerabilities that put all funds at risk."
He provided more details about the vulnerabilities a bit later. One allowed the owner/administrator of the contracts to withdraw all the funds, another allowed the administrator to prevent users from withdrawing funds forever, and another allowed anyone, not just the owner, to steal new deposits.
Subscribe to our Telegram channel to stay up to date on the latest crypto and blockchain news.