Owner Can Bypass Multisig Requirements Through Signer Manipulation
The owner has unilateral control to add and remove signers without any multisig approval. This creates a critical centralization risk where the owner can: 1) Remove all existing signers except themselves, 2) Add new signers under their control, 3) Confirm and execute any transaction bypassing the intended multisig security. Since the owner is automatically a signer and only 3 confirmations are required, they can effectively control the entire wallet by manipulating the signer set.
Likelihood:
The owner has unilateral control to add and remove signers without any multisig approval. This creates a critical centralization risk where the owner can: 1) Remove all existing signers except themselves, 2) Add new signers under their control, 3) Confirm and execute any transaction bypassing the intended multisig security. Since the owner is automatically a signer and only 3 confirmations are required, they can effectively control the entire wallet by manipulating the signer set.
Impact:
Complete compromise of multisig security. A malicious or compromised owner can drain all funds from the wallet by replacing legitimate signers with addresses they control, then executing arbitrary transactions.
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