Meebit NFT Exploit Analysis

Peter Kacherginsky
6 min readMay 20, 2021

It was the year 1964 when a young economist, Stefan Mandel, won 72,783 leu from a Romanian state lottery. There are many similar stores where a really lucky player got a once in a lifetime win only to be never heard from again. Except, Stefan went on to win a total of 14 lotteries in his lifetime including the $27 million Virginia state lottery in 1992. He did it by finding weaknesses in lotteries around the world which allowed him to all but guarantee a win. Modern lotteries have instituted new rules and increased the number of combinations to stop the likes of Stefan Mandel. However, the brave new world…

Peter Kacherginsky

Blockchain Security, Malware Analysis, Incident Response, Pentesting, BlockThreat.net