BabyShiba2.0 Hack
What happened
The BabyShiba2.0 token recently experienced a rug pull incident, leading to a significant loss of approximately $70k USD.
The project team behind the BabyShiba2.0 token executed a rug pull by performing token dumping at the PancakeSwap V2 pool. As a result, they successfully withdrew and transferred a total of 293 BNB, equivalent to $70k USD, distributing the ill-gotten funds across four different wallets.
This sudden liquidity removal and token transfer event caught the community off guard, causing substantial financial losses to investors and holders of BabyShiba2.0 token.
Scammer address:
https://bscscan.com/address/0x94d471c6…166a15
Liquidity Removal tx:
https://bscscan.com/tx/0xf574ab03…cda644
Case & protocol details
Evidence & learning
Sources and on-chain records
- report Report twitter.com
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