1. Beanstalk Farms
crypto Scam
Ritvik Saini - 312/2021
Dhananjaya Sharma – 310/2021
Bhavika Gupta – 338/2021
Dhruv Kapoor – 346/2021
Ankush Pruthi – 354/2021

2. Introduction

3. What went Wrong
in DeFi?

4. 3b. Approve the “emergency transaction” using the suddenly-acquired supermajority
powers, transferring everything from Beanstalk to scammer.
3c. Instantly repay the absurdly-sized loan used to take control of the voting process.
4. Push the bulk of the remaining crypto money through a coin-tumbling service and keep it.
Beanstalk, according to its own blog, has thereby lost about $76 million of other people’s
money, just like that.

5. Was it even a crime?

6. Thank You