Fact-check findings
What an automated fact-checker found when it re-read Euler V1 against the sources the page cites. Only the most recent review is shown.
These findings are produced by an automated reviewer, and its results vary between runs: the same page, checked three times on the same day, came back with 15%, 20% and 34% of its claims disputed, mostly because each run extracted a different number of claims. Treat what follows as leads, not rulings.
“Disputed” means the reviewer could not reconcile the claim with the evidence it cited. It does not mean the claim is false. “Unverifiable” means no reachable source settled it either way.
Nothing here changes the page on its own. A proposed correction is applied only after a human moderator approves it; until then the page reads as it did when reviewed.
unverifiable
3 claimsNo source the reviewer could reach confirms or contradicts the claim.
- #6[unverifiable][awaiting moderator]in section: Recovery & V2
“A co-founder also reported losing approximately $3.8 million in EUL governance tokens due to a hardware failure, according to DL News.”
reviewerCo-founder lost about $3.8M of EUL tokens to a hardware failureNot fetched in this review; the cited URL slug matches the claim. - #7[unverifiable][awaiting moderator]in section: Background
“The governance token, EUL, has a fixed maximum supply of 27,182,818 tokens, with allocations to users (25%), Euler Labs shareholders (25.85%), team members (20.65%), and partners (9.67%).”
reviewerEUL fixed supply 27,182,818 with allocation percentagesNot independently checked; allocation percentages were not found in my searches. - #8[unverifiable][awaiting moderator]in section: On-Chain Evidence
“On March 17, 2023, the attacker sent 100 ETH to a wallet previously attributed by the U.S. Treasury's OFAC to North Korea's Lazarus Group (linked to the Ronin Bridge/Axie Infinity hack).”
reviewerLazarus-linked 100 ETH transfer on March 17 and phishing message on March 21Not fetched; the CoinDesk headline supports the phishing narrative, but the 100 ETH amount and March 17 date were not confirmed.
partially supported
2 claimsThe cited evidence supports part of the claim but not all of it.
- #4[partially supported][awaiting moderator]in section: Background
“Euler Finance was founded in 2021 by Michael Bentley (CEO), Jack Prior, and Doug Hoyte, with Bentley holding a research background from Oxford University.”
reviewerFounders are Michael Bentley, Jack Prior and Doug Hoyte; Bentley has an Oxford research backgroundFounders and Oxford background confirmed. The page's timeline itself says a whitepaper appeared in 2020, so the founding year is loosely stated. - #5[partially supported][awaiting moderator]in section: Recovery & V2
“Euler Labs CEO Michael Bentley subsequently stepped down from his role as the protocol refocused on institutional markets, according to reporting by The Defiant.”
reviewerCEO Michael Bentley stepped down as the protocol refocused on institutional marketsHeadline supports the claim. The date was not retrievable, and the page gives none.
confirmed
3 claimsThe cited evidence supports the claim as written.
- #1[confirmed][no action needed]in the summary
“was exploited for approximately $197 million on March 13, 2023”
reviewerEuler was exploited for about $197 million on March 13, 2023, via a flash loan attackDate and amount match multiple search-result reports. - #2[confirmed][no action needed]in section: Hacker Returns Funds
“approximately 3,000 ETH were returned on March 18; a major tranche of 51,000 ETH (approximately $90 million) followed on March 25”
reviewerReturn timeline: ~3,000 ETH on March 18, 51,000 ETH on March 25, and recovery announced April 3Consistent with reporting. Some outlets report 58,700 ETH on March 25, so the 51,000 figure is a lower-bound figure rather than an error. - #3[confirmed][no action needed]in section: Recovery & V2
“launched on Ethereum mainnet in September 2024”
reviewerEuler V2 launched on Ethereum mainnet in September 2024Matches. The Block headline cites 31 audits, consistent with the page.