Money laundering protocol Info

Money Laundering Protocol is a revolutionary aggregator of all mixers designed to ensure your financial transactions remain completely untraceable, safeguarding your privacy and security in the modern era.

Money laundering protocol Logo

TrustNet Score

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71.06
Poor Excellent

Real-Time Threat Detection

Real-time threat detection, powered by Cyvers.io, is currently not activated for this project.

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Security Assessments

Static Analysis Dynamic Analysis Symbolic Execution SWC Check Manual Review
Contract address
0x757C...F652
Network
Ethereum - Mainnet
License N/A
Compiler N/A
Type N/A
Language Solidity
Onboard date 2023/10/24
Revision date In progress

Summary and Final Words

No crucial issues found

The contract does not contain issues of high or medium criticality. This means that no known vulnerabilities were found in the source code.

Contract owner cannot mint

It is not possible to mint new tokens.

Contract owner cannot blacklist addresses.

It is not possible to lock user funds by blacklisting addresses.

Contract owner cannot set high fees

The fees, if applicable, can be a maximum of 25% or lower. The contract can therefore not be locked. Please take a look in the comment section for more details.

Contract cannot be locked

Owner cannot lock any user funds.

Token cannot be burned

There is no burning within the contract without any allowances

Ownership is renounced

The contract does not include owner functions that allow post-deployment modifications.

Scope of Work

This audit encompasses the evaluation of the files listed below, each verified with a SHA-1 Hash. The team referenced above has provided the necessary files for assessment.

The auditing process consists of the following systematic steps:

  1. Specification Review: Analyze the provided specifications, source code, and instructions to fully understand the smart contract's size, scope, and functionality.
  2. Manual Code Examination: Conduct a thorough line-by-line review of the source code to identify potential vulnerabilities and areas for improvement.
  3. Specification Alignment: Ensure that the code accurately implements the provided specifications and intended functionalities.
  4. Test Coverage Assessment: Evaluate the extent and effectiveness of test cases in covering the codebase, identifying any gaps in testing.
  5. Symbolic Execution: Analyze the smart contract to determine how various inputs affect execution paths, identifying potential edge cases and vulnerabilities.
  6. Best Practices Evaluation: Assess the smart contracts against established industry and academic best practices to enhance efficiency, maintainability, and security.
  7. Actionable Recommendations: Provide detailed, specific, and actionable steps to secure and optimize the smart contracts.

A file with a different Hash has been intentionally or otherwise modified after the security review. A different Hash may indicate a changed condition or potential vulnerability that was not within the scope of this review.

Final Words

The following provides a concise summary of the audit report, accompanied by insightful comments from the auditor. This overview captures the key findings and observations, offering valuable context and clarity.


Ownership Privileges
  • The owner can enable/disable trading.
  • The owner can blacklist/un-blacklist wallets from transferring tokens.
  • The owner can set redis-fee on buy and sell of less than or equal to 4%.
  • The owner can set tax fees on buy and sell up to 95%. 
  • The owner can set any arbitrary value in the minimum swap amount.
  • The owner can enable/disable swapping.
  • The owner can set any arbitrary value in the max transaction amount.
  • The owner can set any arbitrary value in the max wallet amount.
  • The owner can exclude multiple accounts from fees.
  • The marketing and development address can manually swap tokens.
  • The marketing and development address can manually send contract balance to the marketing wallet address.

The ownershhip of the token is renounced which means owner can no longer modify the parameters present in the contract. Above ownership privileges are no longer valid where owner can update or modify any value in the contract.

Note - This Audit report consists of a security analysis of the Money Laundering Protocol Token smart contract. This analysis did not include functional testing (or unit testing) of the contract’s logic. Moreover, we only audited one token contract for the Money Laundering Protocol team, other contracts associated with the project were not audited by our team. We recommend investors to do their own research before investing.

Files and details

Functions
public

/

State variables
public

/

Total lines
of code

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Capabilities
Hover on items

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Findings and Audit result

medium Issues | 3 findings

Resolved

#1 medium Issue
Owner can lock tokens.
MLProtocol.sol
L581-588
Description

The owner can set any arbitrary value in the max transaction and max wallet amount, including zero, which can lock the tokens if thee value is zero. It is recommended that there be a particular threshold value where the amount lies and cannot be set to less than that amount.

Resolved

#2 medium Issue
The owner can blacklist wallets.
MLProtocol.sol
L431-435
Description

The owner can blacklist wallets from transferring of tokens for an indefinite period of time which is not recommended. There must be a certain lock period where the user can be locked for a certain period of time.

Resolved

#3 medium Issue
The owner can set fees more than 25%.
MLProtocol.sol
L557-568
Description

The owner can set buy and sell fees up to 95% which is not recommended. No fees should be more than 25% present in the contract.

low Issues | 2 findings

Pending

#1 low Issue
Missing Events Arithmetic (events-maths)
MLProtocol.sol
L415-417
L557-568
L571-573
L581-584
L586-588
Description

Emit an event for critical parameter changes.

Pending

#2 low Issue
Floating pragma solidity version.
MLProtocol.sol
L13
Description

Adding the latest constant version of solidity is recommended, as this prevents the unintentional deployment of a contract with an outdated compiler that contains unresolved bugs.

optimization Issues | 2 findings

Pending

#1 optimization Issue
State variables that could be declared constant (constable-states)
MLProtocol.sol
L192
L193
L48
Description

Add the `constant` attributes to state variables that never change.

Pending

#2 optimization Issue
Public function that could be declared external (external-function)
MLProtocol.sol
L69-72
L74-78
L230-232
L234-236
L238-240
L242-244
L250-257
L259-266
L268-275
L277-292
L415-417
L431-435
L437-439
L557-568
L571-573
L576-578
L581-584
L586-588
L590-594
Description

Use the `external` attribute for functions never called from the contract.

informational Issues | 1 findings

Pending

#1 informational Issue
Unused state variables (unused-state)
MLProtocol.sol
L48
L172
Description

Remove unused state variables.