Coin Hack

TOTAL LOST $42K
Low Rugpull

What happened

Quick Summary

The COIN token recently experienced a rug pull incident, leading to a significant loss of approximately $42k USD.

Details of the Exploit

The project team behind the COIN token executed a rug pull by performing liquidity removal from the Uniswap V2 pool. As a result, they successfully withdrew and transferred a total of 22.65 WETH, equivalent to $42k USD, distributing the ill-gotten funds across four different wallets.

This sudden liquidity removal and token transfer event caught the community off guard, causing substantial financial losses to investors and holders of COIN token.

Block Data Reference

Contract Creator:

https://etherscan.io/address/0xdd7f3e90…bcb412

Liquidity Removal tx:

https://etherscan.io/tx/0x0efd9a21…7c2016

Case & protocol details

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

Evidence & learning

Sources and on-chain records

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