CherryFi Contract Vulnerabilities - Revision history

Azoundria at 16:17, 2 May 2023

2023-05-02T16:17:13Z

← Older revision		Revision as of 10:17, 2 May 2023
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	{{Imported Case Study\|source=https://www.quadrigainitiative.com/casestudy/cherryficontractvulnerabilities.php}}		{{Imported Case Study 2\|source=https://www.quadrigainitiative.com/casestudy/cherryficontractvulnerabilities.php}}
	{{Unattributed Sources}}		{{Unattributed Sources}}

	It appears that CherryFi launched a platform which was broken and froze user's funds. It's unclear if the project got any traction. There is no website, and the GITbook site is directing to a separate Constellation Finance project.		It appears that CherryFi launched a platform which was broken and froze user's funds. It's unclear if the project got any traction. There is no website, and the GITbook site is directing to a separate Constellation Finance project.

	This is a global/international case not involving a specific country.		This is a global/international case not involving a specific country.<ref name="slowmisthacked-4539" /><ref name="reddit-4540" /><ref name="bloxy-4541" />
	<ref name="slowmisthacked-4539" /><ref name="reddit-4540" /><ref name="bloxy-4541" />

	== About CherryFi ==		== About CherryFi ==
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	!Description		!Description
	\|-		\|-
	\|September 6th, 2020 ~~12:00:00 AM~~		\|September 6th, 2020
	\|Main Event		\|Main Event
	\|Expand this into a brief description of what happened and the impact. If multiple lines are necessary, add them here.		\|Expand this into a brief description of what happened and the impact. If multiple lines are necessary, add them here.
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	\|		\|
	\|}		\|}

			== Technical Details ==
			This section includes specific detailed technical analysis of any security breaches which happened. What specific software vulnerabilities contributed to the problem and how were they exploited?

	== Total Amount Lost ==		== Total Amount Lost ==
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	== Ongoing Developments ==		== Ongoing Developments ==
	What parts of this case are still remaining to be concluded?		What parts of this case are still remaining to be concluded?
			== General Prevention Policies ==
			Getting 2 separate independent validations (which in this case would most likely be audits) would prevent the issue.
			== Individual Prevention Policies ==
			{{Prevention:Individuals:Placeholder}}

			{{Prevention:Individuals:End}}

			== Platform Prevention Policies ==
			{{Prevention:Platforms:Placeholder}}

			{{Prevention:Platforms:End}}

			== Regulatory Prevention Policies ==
			{{Prevention:Regulators:Placeholder}}

	== Prevention ~~Policies ==~~		{{Prevention:Regulators:End}}
	~~Getting 2 separate independent validations (which in this case would most likely be audits) would prevent the issue.~~

	== References ==		== References ==
	<references><ref name="slowmisthacked-4539">[https://hacked.slowmist.io/en/?c=Tron SlowMist Hacked - SlowMist Zone] (Nov 5, 2021)</ref>		<references><ref name="slowmisthacked-4539">[https://hacked.slowmist.io/en/?c=Tron SlowMist Hacked - SlowMist Zone] (Nov 6, 2021)</ref>

	<ref name="reddit-4540">[https://www.reddit.com/r/CryptoMars/comments/npi41r/cherryfi_cf_defi_tokenfair_launch_2nd_of_june/ »CherryFi (CF)« —║DEFI TOKEN║—-Fair launch ->( 2nd of June 23:00 (UTC) ) : CryptoMars] (Dec 16, 2021)</ref>		<ref name="reddit-4540">[https://www.reddit.com/r/CryptoMars/comments/npi41r/cherryfi_cf_defi_tokenfair_launch_2nd_of_june/ »CherryFi (CF)« —║DEFI TOKEN║—-Fair launch ->( 2nd of June 23:00 (UTC) ) : CryptoMars] (Dec 17, 2021)</ref>

	<ref name="bloxy-4541">[https://bloxy.info/token_holders/0x655b6ce272764150afc421dd5337ff2c97e69cbf CHERRYFI Holders] (Dec 16, 2021)</ref></references>		<ref name="bloxy-4541">[https://bloxy.info/token_holders/0x655b6ce272764150afc421dd5337ff2c97e69cbf CHERRYFI Holders] (Dec 17, 2021)</ref></references>

Azoundria at 16:52, 22 February 2023

2023-02-22T16:52:58Z

← Older revision		Revision as of 10:52, 22 February 2023
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	{{Imported Case Study\|source=https://www.quadrigainitiative.com/casestudy/cherryficontractvulnerabilities.php}}		{{Imported Case Study\|source=https://www.quadrigainitiative.com/casestudy/cherryficontractvulnerabilities.php}}
			{{Unattributed Sources}}

	It appears that CherryFi launched a platform which was broken and froze user's funds. It's unclear if the project got any traction. There is no website, and the GITbook site is directing to a separate Constellation Finance project.		It appears that CherryFi launched a platform which was broken and froze user's funds. It's unclear if the project got any traction. There is no website, and the GITbook site is directing to a separate Constellation Finance project.

	This is a global/international case not involving a specific country.		This is a global/international case not involving a specific country.
			<ref name="slowmisthacked-4539" /><ref name="reddit-4540" /><ref name="bloxy-4541" />

	== About CherryFi ==		== About CherryFi ==
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	Don't Include:		Don't Include:

	* Any wording which directly states or implies that the business is/was illegitimate, or that a vulnerability existed.		* Any wording which directly states or implies that the business is/was illegitimate, or that a vulnerability existed.
	* Anything that wasn't reasonably knowable at the time of the event.		* Anything that wasn't reasonably knowable at the time of the event.
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	\|-		\|-
	\|September 6th, 2020 12:00:00 AM		\|September 6th, 2020 12:00:00 AM
	\|~~First~~ Event		\|Main Event
	\|~~This is an expanded~~ description of what happened and the impact. If multiple lines are necessary, add them here.		\|Expand this into a brief description of what happened and the impact. If multiple lines are necessary, add them here.
	\|-
	\|
	\|
	\|
	\|-		\|-
	\|		\|
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	== Total Amount Recovered ==		== Total Amount Recovered ==
	~~It is unknown how much was~~ recovered.		There do not appear to have been any funds recovered in this case.

	What funds were recovered? What funds were reimbursed for those affected users?		What funds were recovered? What funds were reimbursed for those affected users?
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	== References ==		== References ==
	[https://hacked.slowmist.io/en/?c=Tron SlowMist Hacked - SlowMist Zone] (Nov 5)		<references><ref name="slowmisthacked-4539">[https://hacked.slowmist.io/en/?c=Tron SlowMist Hacked - SlowMist Zone] (Nov 5, 2021)</ref>

	[https://www.reddit.com/r/CryptoMars/comments/npi41r/cherryfi_cf_defi_tokenfair_launch_2nd_of_june/ ~~�»CherryFi~~ (CF)«� —║DEFI ~~TOKEN�║—~~-~~⏰Fair~~ launch ->( 2nd of June 23:00 (UTC) )⏰ : CryptoMars] (Dec 16)		<ref name="reddit-4540">[https://www.reddit.com/r/CryptoMars/comments/npi41r/cherryfi_cf_defi_tokenfair_launch_2nd_of_june/ »CherryFi (CF)« —║DEFI TOKEN║—-Fair launch ->( 2nd of June 23:00 (UTC) ) : CryptoMars] (Dec 16, 2021)</ref>

	[https://bloxy.info/token_holders/0x655b6ce272764150afc421dd5337ff2c97e69cbf CHERRYFI Holders] (Dec 16)		<ref name="bloxy-4541">[https://bloxy.info/token_holders/0x655b6ce272764150afc421dd5337ff2c97e69cbf CHERRYFI Holders] (Dec 16, 2021)</ref></references>

Azoundria: Created page with "{{Imported Case Study|source=https://www.quadrigainitiative.com/casestudy/cherryficontractvulnerabilities.php}} It appears that CherryFi launched a platform which was broken and froze user's funds. It's unclear if the project got any traction. There is no website, and the GITbook site is directing to a separate Constellation Finance project. This is a global/international case not involving a specific country. == About CherryFi == "$CF is born from the need for a plat..."

2023-01-25T17:57:49Z

Created page with "{{Imported Case Study|source=https://www.quadrigainitiative.com/casestudy/cherryficontractvulnerabilities.php}} It appears that CherryFi launched a platform which was broken and froze user's funds. It's unclear if the project got any traction. There is no website, and the GITbook site is directing to a separate Constellation Finance project. This is a global/international case not involving a specific country. == About CherryFi == "$CF is born from the need for a plat..."

New page

{{Imported Case Study|source=https://www.quadrigainitiative.com/casestudy/cherryficontractvulnerabilities.php}}

It appears that CherryFi launched a platform which was broken and froze user's funds. It's unclear if the project got any traction. There is no website, and the GITbook site is directing to a separate Constellation Finance project.

This is a global/international case not involving a specific country.

== About CherryFi ==
"$CF is born from the need for a platform that provides passive income, both with the native token and with the non-native ones, the objective we pursue is to provide investments with the possibility of generating these profits without suffering the devaluation of our token, for this we implement different mechanisms so that the price remains stable and does not collapse with sales."

"We have a defined roadmap, which includes the launch of the main website, different stages of token burning to control the price, marketing and finally the launch of the yield farming platform."

"Our idea is to carry out an early launch of the token and thus achieve the necessary financing to expand the development team, carry out the necessary marketing campaigns and what we consider most important is to give you, the investors who believe in the project, the possibility to make an early purchase of the token and then benefit in the long term when the price rises. We recommend holding the token since thanks to taxes the amount you have will grow as purchases or sales are made."

"It is understood that the CherryFi code has not been audited."

"The transfer logic of TRON's DeFi project CherryFi calls the safeTransfer function to perform specific transfer operations. However, the USDT transfer logic does not return a value, which causes the safeTransfer call to never succeed, which leads to the lockup of funds, and therefore users cannot perform USDT transfers in and out."

This is a global/international case not involving a specific country.

The background of the exchange platform, service, or individuals involved, as it would have been seen or understood at the time of the events.

Include:

* Known history of when and how the service was started.
* What problems does the company or service claim to solve?
* What marketing materials were used by the firm or business?
* Audits performed, and excerpts that may have been included.
* Business registration documents shown (fake or legitimate).
* How were people recruited to participate?
* Public warnings and announcements prior to the event.

Don't Include:

* Any wording which directly states or implies that the business is/was illegitimate, or that a vulnerability existed.
* Anything that wasn't reasonably knowable at the time of the event.
There could be more than one section here. If the same platform is involved with multiple incidents, then it can be linked to a main article page.

== The Reality ==
This sections is included if a case involved deception or information that was unknown at the time. Examples include:

* When the service was actually started (if different than the "official story").
* Who actually ran a service and their own personal history.
* How the service was structured behind the scenes. (For example, there was no "trading bot".)
* Details of what audits reported and how vulnerabilities were missed during auditing.

== What Happened ==
The specific events of the loss and how it came about. What actually happened to cause the loss and some of the events leading up to it.
{| class="wikitable"
|+Key Event Timeline - CherryFi Contract Vulnerabilities
!Date
!Event
!Description
|-
|September 6th, 2020 12:00:00 AM
|First Event
|This is an expanded description of what happened and the impact. If multiple lines are necessary, add them here.
|-
|
|
|
|-
|
|
|
|}

== Total Amount Lost ==
The total amount lost is unknown.

How much was lost and how was it calculated? If there are conflicting reports, which are accurate and where does the discrepancy lie?

== Immediate Reactions ==
How did the various parties involved (firm, platform, management, and/or affected individual(s)) deal with the events? Were services shut down? Were announcements made? Were groups formed?

== Ultimate Outcome ==
What was the end result? Was any investigation done? Were any individuals prosecuted? Was there a lawsuit? Was any tracing done?

== Total Amount Recovered ==
It is unknown how much was recovered.

What funds were recovered? What funds were reimbursed for those affected users?

== Ongoing Developments ==
What parts of this case are still remaining to be concluded?

== Prevention Policies ==
Getting 2 separate independent validations (which in this case would most likely be audits) would prevent the issue.

== References ==
[https://hacked.slowmist.io/en/?c=Tron SlowMist Hacked - SlowMist Zone] (Nov 5)

[https://www.reddit.com/r/CryptoMars/comments/npi41r/cherryfi_cf_defi_tokenfair_launch_2nd_of_june/ �»CherryFi (CF)«� —║DEFI TOKEN�║—-⏰Fair launch ->( 2nd of June 23:00 (UTC) )⏰ : CryptoMars] (Dec 16)

[https://bloxy.info/token_holders/0x655b6ce272764150afc421dd5337ff2c97e69cbf CHERRYFI Holders] (Dec 16)