BSCSportsBet Honeypot

Reported loss Not disclosed
BNB Chain
Honeypot

What happened

BSCSportsBet (Betcoins, 9 decimals) limits transferFrom to one hard-coded address: require(from == _owner, "You are not the owner!");. A decentralized-exchange sale moves the seller's tokens through transferFrom, so for every holder other than that address the call reverts, while transfer carries no check and a pool paying out a purchase or a wallet-to-wallet send is not affected. The address in _owner is the deployer, 0x60A23316…5Fd03f, and the source contains no function that changes _owner or lifts the check, so the restriction is fixed from deployment rather than switched on later.

De.Fi's REKT database lists the token as an Exit Scam/Honeypot and describes it as: the contract owner could disable the transfer function, which restricted users in selling their tokens. The listing dates the incident 2021-06-14 and gives no loss figure.

How it happened

  1. The constructor sets name = "BSCSportsBet", symbol = "Betcoins", decimals = 9 and _totalSupply = 100000000000000000000 (1e20 raw units, 100 billion tokens), and credits all of it with balances[msg.sender] = _totalSupply;. The state variable address private _owner = 0x60A2331633dd44ce845031d1E3e17d964A5Fd03f; is hard-coded to the deployer address.
  2. transfer only subtracts from the sender and adds to the recipient, with no condition, so tokens can be sent out of a pool to a buyer and between wallets.
  3. transferFrom begins with require(from == _owner, "You are not the owner!");. A holder who sells through a router approves it and the router calls transferFrom(holder, pool, amount); with from equal to the holder, the require reverts.
  4. No function in the source assigns _owner after deployment, and the variable is private with no setter, so the check cannot be relaxed. Only transfers whose from is the deployer address can pass it.
  5. What the code allows: buyers can acquire and hold the token, and the deployer address alone can sell through the router path. What is documented as having happened: De.Fi's REKT database lists the token as an Exit Scam/Honeypot; no opened transaction shows a specific sale, liquidity removal or loss amount.

Protocol details

Classification Token
Protocol Type Exit Scam/Honeypot
Affected asset / contract Betcoins

Build your security review skills

Work through hands-on labs covering real exploit mechanics, review techniques, and defensive patterns.