BlockGPT Hack

TOTAL LOST $255K
Low Rugpull

What happened

Quick Summary

BlockGPT token experienced a rugpull, the scammer was able to withdraw 816 $BNB from the presale pool.

Details of the Exploit

BlockGPT is a BEP20 token trading on PancakeSwap. The project creators deployed a presale contract that had malicious functionality to withdraw liquidity from the contract. The malicious contract had unverified source code.

The scammer withdrew 816 $BNB from the contract which is worth 254,592 $USD at the moment. 800 $BNB was transferred through TornadoCash at the end.

Block Data Reference

Scammer address:

https://bscscan.com/address/0x650c6ba1…461954

Funds holder address:

https://bscscan.com/address/0x45da92f7…4a5e04

Draining transaction:

https://bscscan.com/tx/0x32e59506…360fe2

TornadoCash transfer example:

https://bscscan.com/tx/0x72829d55…a3c128

Case & protocol details

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

Evidence & learning

Sources and on-chain records

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