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Case studies

The incidents everyone cites, read from the records.

Each case is a file you can replay: a film, the investigation step by step, the cast of addresses, and a clear line between what the chain records and what others have reported.

Network
What happened
Year

Showing 8 of 8 cases

Case 01 · 1:24 film$1.5BBybit: Multisig Wallet Takeover
February 21, 2025

Bybit: Multisig Wallet Takeover

No keys were stolen. Three signers approved what looked like a routine transfer. The call trace shows what it was: a delegatecall that ran someone else's code with the wallet's authority.

  • Ethereum
  • Tampered signing screen, then a delegatecall
  • 7 steps
  • 5 identifiers
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Case 02 · 1:55 film8.72M FETSingularityNET: Bridge Drain and Token Mints
September 19–20, 2026

SingularityNET: Bridge Drain and Token Mints

One signature check, then about 2.3 billion tokens minted across four projects. The headline said $16.77M. Followed sale by sale, the liquid proceeds come to roughly $2.29M.

  • Ethereum
  • Bridge signing key, then unbacked mints
  • 8 steps
  • 6 identifiers
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Case 03 · 2:06 film≈1,816 BTCColdcard: Bitcoin Wallet Drains
July 30, 2026

Coldcard: Bitcoin Wallet Drains

A firmware update left some hardware wallets choosing keys with weak randomness. 594 bitcoin arrived at one address, 562 moved once in a 341-input transaction, and it is still sitting there.

  • Bitcoin
  • Weak key generation in old firmware
  • 6 steps
  • 3 identifiers
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Case 04 · 1:51 film$387.5MBitget: Exchange Wallet Drain
September 24, 2026

Bitget: Exchange Wallet Drain

Twenty-seven minutes between the test transaction and the first large transfer. The film reads each one from its receipt, including a stranger's contract that wrote a thousand token events into one transaction.

  • Ethereum
  • Exchange wallet drained after a small test
  • 8 steps
  • 5 identifiers
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Case 05 · 2:14 film$3.5MNostra: Oracle Manipulation on Starknet
September 17, 2026

Nostra: Oracle Manipulation on Starknet

A thin pool, a ninety-nine dollar quote and an oracle that returned the midpoint. The exploit happened on Starknet, which Forensia does not read, so the film reports that part with its sources and starts its own record where the money lands on Ethereum.

  • Ethereum
  • Oracle price manipulation on Starknet, read from where the funds reach Ethereum
  • 12 steps
  • 4 identifiers
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Case 06 · 2:17 film≈4,000 BTCLiquid Network: Unbacked L-BTC and Reserve Drain
September 6, 2026

Liquid Network: Unbacked L-BTC and Reserve Drain

About four thousand bitcoin left a sidechain's reserve and no key was stolen. Four hours later a note appeared in a transaction: we are whitehats. 3,400 bitcoin came back. 598 did not, and it is still sitting at the same address.

  • Bitcoin
  • Unbacked sidechain coins redeemed through the normal withdrawal route
  • 11 steps
  • 4 identifiers
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Case 07 · 2:59 film148.3M KIIKiiChain: Cosmos EVM Balance Exploit
August 22, 2026

KiiChain: Cosmos EVM Balance Exploit

KiiChain reported 18 drains exploiting shared Cosmos EVM balance accounting. Follow the film from prepared vesting accounts to the BNB Chain sales, and see why a network halt could only contain funds that had not left.

  • KiiChain / BNB Chain
  • Vesting-account balance exploit, followed by bridge transfers and sales
  • 12 steps
  • 1 identifier
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Case 08 · 2:47 film720.9M MANTRAMANTRA: Cosmos EVM Balance Exploit
August 20, 2026

MANTRA: Cosmos EVM Balance Exploit

Two wallets lost roughly 720.9 million MANTRA through shared Cosmos EVM balance accounting. The film follows the preparation, repeated transfers and chain halt, then separates funds contained from funds recovered.

  • MANTRA Chain
  • Vesting-account underflow and victim-balance overflow
  • 10 steps
  • 2 identifiers
Open the case file