What happened
The BEAR token recently experienced a rug pull incident, leading to a significant loss of approximately $202.8K USD in 109.5 Ethereum (WETH) tokens.
The project team behind the BEAR token executed a rug pull by performing liquidity removal from the Uniswap V2 pool. As a result, they successfully withdrew and transferred a total of 109.5 WETH, equivalent to $202.8K 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 BEAR token.
Contract Creator:
https://etherscan.io/address/0x65bc21a4…eebf75
Liquidity Removal tx:
https://etherscan.io/tx/0xdfd24972…905322
Case & protocol details
Evidence & learning
Sources and on-chain records
- report Report twitter.com
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