BASIC-MINING Hack

TOTAL LOST $277K
Low Rugpull

What happened

Mining company BASIC-MINING took advantage of the ASIC boom to become a leading publically-traded mining company by early 2013. After the collapse of BTC-TC, the exchange on which it was traded, the founder disappeared with substantial assets.

Case & protocol details

Classification Token
Protocol Type Exit Scam/Rugpull

Evidence & learning

Sources and on-chain records

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