Trail of Bits

Franklin Templeton

Type

Security review

Client

Franklin Templeton

Date

2023-05

Domain

Blockchain

Effort

4 wks

Section

Ethereum/EVM

Trail of Bits's security review of Franklin Templeton (May 2023) identified 15 issues: 4 high, 3 medium, 3 low, 4 informational, and 1 undetermined.

Findings · 15

  1. 1 Canceling all transaction requests causes DoS on MMF system High
  2. 2 Lack of validation in the IntentValidationModule contract can lead to inconsistent state High
  3. 3 Pending transactions cannot be settled Medium
  4. 4 Deauthorized accounts can keep shares of the MMF Medium
  5. 5 Solidity compiler optimizations can be problematic Informational
  6. 6 Project dependencies contain vulnerabilities Undetermined
  7. 7 Unimplemented getVersion function returns default value of zero Informational
  8. 8 The MultiSigGenVerifier threshold can be passed with a single signature High
  9. 9 Shareholders can renounce their authorization role Low
  10. 10 Risk of multiple dividend payouts in a day Medium
  11. 11 Shareholders can stop admin from deauthorizing them High
  12. 12 Total number of submitters in MultiSigGenVerifier contract can be more than allowed limit of MAX_SUBMITTERS Informational
  13. 13 Lack of contract existence check on target address Low
  14. 14 Pending transactions can trigger a DoS Informational
  15. 15 Dividend distribution has an incorrect rounding direction for negative rates Low

Findings extracted from the published report PDF. See the full report below for details and remediation.

Related