Incident Overview
OpenAI ATF token project rugpulled by the deployer, who removed liquidity worth 340,061 $USD.
OpenAI ATF is a BEP20 token trading on PancakeSwap. The token can't be confused with other token with the same name or symbol. The project experienced a significant liquidity removal.
The deployer removed LP funds worth 340,061 $USD over nine transactions and swapped them for $WBTC. Part of the stolen assets remains in the deployers original address.
Scammer Address:
https://bscscan.com/address/0xed0d08a8β¦9aaf4c
Liquidity removal transaction example:
https://bscscan.com/tx/0x27e63ec2β¦0d88e4
Incident Report
Protocol Information
What the Attacker Needed to Succeed
Understanding the prerequisites for this type of attack helps auditors identify protocols that are most at risk and helps developers build better defenses.
What Auditors Should Check
If you're auditing a protocol with similar architecture to ATF Token, these are the critical security checks that could have prevented this incident (April 2023).
- Verify all logic paths related to Rugpull are guarded by proper access controls and input validation
- Review privileged functions (owner, admin, governance) for potential abuse vectors - centralization risks should be documented and bounded with timelocks or multi-sigs
Master these auditing techniques with hands-on labs and real exploit scenarios in the Smart Contract Hacking course.
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