ATF Token Rug Pull

Reported loss $340K
Rugpull

What happened

Quick Summary

OpenAI ATF token project rugpulled by the deployer, who removed liquidity worth 340,061 $USD.

Details of the Exploit

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.

Block Data Reference

Scammer Address:

Address 0xed0d…af4c

Liquidity removal transaction example:

Tx 0x27e6…88e4

Protocol details

Classification Token
Protocol Type Exit Scam/Rugpull
Affected asset / contract ATF

Evidence

Same attack technique

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