Changpeng Zhao Hack

TOTAL LOST $454K
Low Rugpull

What happened

Quick Summary

CZ token experienced a rugpull by the deployer who removed liquidity worth 454,168 USD from PancakeSwap pool, resulting in a total loss of 1,934.17 WBNB.

Details of the Exploit

CZ is a BEP20 token trading on PancakeSwap. On Nov 24, 2023, the deployer performed an exit scam by removing liquidity from the LP pool through multiple transactions, selling a large number of tokens. The stolen funds, amounting to 454,168 USD (1934.17 WBNB), were transferred to another EOA and subsequently distributed among multiple addresses.

Block Data Reference

Deployer Address:

https://bscscan.com/address/0xCC78A249…C2f66C

Scammer Address:

https://bscscan.com/address/0x638Fbf48…0C7a85

Liquidity Removal Transactions:

https://bscscan.com/tx/0xd020a4e1…80a18e

https://bscscan.com/tx/0x01f90355…1110b9

Case & protocol details

Classification Token
Protocol Type Exit Scam/Rugpull
Affected asset / contract CZ
Official Website zhoa.xyz/
Protocol Twitter/X @chengpangzhoa

Evidence & learning

Sources and on-chain records

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