On February 7, 2023, LianGoPay was exploited by attackers with access to private keys who deployed fake staking pool contracts with addresses similar to legitimate ones. Users were tricked into depositing into these malicious contracts, resulting in a loss of approximately $1.6M in tokens.

The LianGoPay project announced on February 7 that its assets in the LGTPool pledge contract on the BNB Chain were stolen, 6,148,859 LGT reward coins were stolen, and the loss was about 1.6 million US dollars. According to analysis, the reason for the theft was that the owner administrator of LGTPool created a fake LP token pledge pool (Pool No. 3), and then the thief put a large amount of LP tokens into the pool for pledge, and obtained 6.14 million pieces LGT reward token.