Security Incident · Exchange
Token of Power Malicious Governance Takeover: $1.58M Reported Loss
Token of Power (TOP) suffered a governance takeover exploit due to misconfiguration in its Aragon DAO (no timelock).
- Reported loss
- $ 1,580,000
- Attack category
- Malicious Governance Takeover
Incident Overview
The attacker used funds from Tornado Cash to acquire majority voting power (>50% of the small 16,384 TOP supply), passed a malicious proposal in a single transaction to mint billions of new TOP tokens, and drained 944.2 WETH (~$1.58M) from the TOP/WETH Balancer V1 liquidity pool. Balancer protocol itself was not exploited.
Sources & References
This record presents information attributed to the linked sources. Incident dates describe the original event, not a new report. Reported loss figures reflect the source record and are not current market valuations.