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Submission Details
Severity: medium
Valid

M-03. USDC protocol can ban GodFather address

Summary

If discovered USDC protocol can ban addresses for "evil" users such as the GodFather of the mafia.

Vulnerability Details

The USDC protocol has blacklist which it can update and add GodFather's address to it if it's found that the protocol is used for bad purposes.
This would make the GodFather unable to interact with the protocol. So GodFather won't be able to withdraw the funds.

Impact

If discovered GodFather will not be able to withdraw funds.

Tools Used

Manual Review

Recommendations

The contract Laundrette should have a function which can be called only by the GodFather to change his address with another one.
This will allow it to get past the USDC banlist.

Updates

Lead Judging Commences

n0kto Lead Judge about 1 year ago
Submission Judgement Published
Invalidated
Reason: Non-acceptable severity
n0kto Lead Judge about 1 year ago
Submission Judgement Published
Validated
Assigned finding tags:

UDSC blacklist

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