Fact-check findings
What an automated fact-checker found when it re-read FOOM Cash 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.
disputed
3 claimsThe reviewer could not reconcile the claim with the evidence it cited. This is a lead, not a ruling that the claim is false.
- #1[disputed][awaiting moderator]in section: Security Exploit — February 26, 2026
“A single malicious transaction on the Base network accounted for approximately $427,000 of losses, with the remainder drained from Ethereum.”
reviewerA single Base transaction drained about $427,000The cited rekt.news article gives about $320K for the Base transaction, not $427K.Proposed correction (not yet applied)A single malicious transaction on the Base network accounted for approximately $320,000 of losses, with the remainder drained from Ethereum. - #2[disputed][awaiting moderator]in the timeline
“A single Base transaction drains approximately $427,000.”
reviewerTimeline: single Base transaction drained about $427,000Same error as in the section text.Proposed correction (not yet applied)A single Base transaction drains approximately $320,000. - #3[disputed][awaiting moderator]in the timeline
“$420,000 in funds remains unrecovered.”
reviewer$420,000 of funds remains unrecovered$320K + $100K = $420K equals the 2.26M minus 1.84M gap; it is payouts, not unrecovered stolen funds.Proposed correction (not yet applied)$420,000 was paid out in the Duha bounty and Decurity fee.
unverifiable
3 claimsNo source the reviewer could reach confirms or contradicts the claim.
- #9[unverifiable][awaiting moderator]in the timeline
“Veil Cash, a smaller Base-network privacy protocol using the same Groth16 setup, is exploited via identical gamma/delta misconfiguration. A public post-mortem is published.”
reviewerVeil Cash was exploited on 2026-02-20The exact date 2026-02-20 and the existence of a prior public post-mortem were not confirmed in the cited source. - #10[unverifiable][awaiting moderator]in section: Security Exploit — February 26, 2026
“Security blockchain firm BlockSec and research platform NomosLabs both identified the flaw as a Groth16 verifier misconfiguration.”
reviewerBlockSec and NomosLabs identified the flawNot found in the fetched rekt.news or Cointelegraph articles; not checked against other outlets. - #11[unverifiable][awaiting moderator]in the timeline
“FOOM token records its all-time low price of $0.071455, indicating the token has been tradeable since at least this date.”
reviewerAll-time low of $0.071455 on 2024-01-23 is higher than the all-time high of $0.061871Internally inconsistent: a stated all-time low of $0.071455 exceeds the stated all-time high of $0.061871, and a 175T supply at an $8.2M cap implies a per-token price near $5e-11. CoinGecko could not be read, so no correction is proposed. The price figures need re-extraction.
partially supported
1 claimThe cited evidence supports part of the claim but not all of it.
- #4[partially supported][awaiting moderator]in the timeline
“2026-02-27”
reviewerDecurity recovery on Ethereum occurred 2026-02-27Rekt dates the Ethereum rescue to Feb 26, one day earlier; single-source, so not escalated to a correction.
confirmed
4 claimsThe cited evidence supports the claim as written.
- #5[confirmed][no action needed]in section: Security Exploit — February 26, 2026
“On February 26, 2026, FOOM Cash suffered a $2.26 million exploit across its Ethereum and Base deployments.”
reviewerExploit on Feb 26, 2026 of $2.26M, root cause skipped Phase 2 gamma/deltaCore facts match rekt.news. - #6[confirmed][no action needed]in section: White Hat Recovery and Bounty Dispute
“After the exploit, the FOOM Cash team reportedly demanded 90% of funds be returned, creating a public dispute.”
reviewerBounty $500K on Bitcointalk with no restitution clause; 90% demand; Duha/Hao Pham; SEAL mediationBounty and dispute details match. - #7[confirmed][no action needed]in section: White Hat Recovery and Bounty Dispute
“In total, $1.84 million (approximately 81%) of the stolen $2.26 million was secured.”
reviewerRecovery $1.84M (81%), Duha $320K, Decurity $100KMatches. - #8[confirmed][no action needed]in section: Team Inactivity and Operational Negligence
“the FOOM Cash team had been silent on all social channels for approximately three months prior to the February 26, 2026 exploit”
reviewerTeam silent about three months from roughly November 2025Matches.