What happened
Quick Summary
The BabyShiba2.0 token recently experienced a rug pull incident, leading to a significant loss of approximately $70k USD.
Details of the Exploit
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.
Protocol details
Classification
Token
Protocol Type
Exit Scam/Rugpull
Affected asset / contract
BabyShiba2.0
Protocol links
Website
@Shiba_2_0
Evidence
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