Beamsplittr Hack

TOTAL LOST $61K
Low Rugpull

What happened

Quick Summary

Beamsplittr project was rugpulled with 60,824 $USD lost by the deployer using a privileged function.

Details of the Exploit

Beamsplittr, an Ethereum-based token, fell victim to a rugpull by its deployer. Using a privileged function 'collectTaxDistribution', the deployer minted and sold 9,990,000,000,000 $BSPLT tokens for 31.98 $ETH, draining the UniSwap pool, and causing a loss of 60,824 $USD. The stolen funds were transferred to another EOA address and then deposited into the Incognito protocol.

Block Data Reference

Scammer Address:

https://etherscan.io/address/0x1BA8ff40…EC3533

Liquidity Draining Transaction:

https://etherscan.io/tx/0xe637b595…17e633

Deposit Transaction:

https://etherscan.io/tx/0xfb1405c2…f17494

Case & protocol details

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

Evidence & learning

Sources and on-chain records

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