Coin Merge Hack

TOTAL LOST $76K
Low Rugpull

What happened

Fake Coin Merge (CMERGE) project was rugpulled by the deployer, removing liquidity worth 75,887 USD from UniSwap pool during an exit scam.

Coin Merge (CMERGE) is an ERC20 token trading on UniSwap. On Feb 08, 2023, the deployer performed an exit scam by removing the liquidity from the UniSwap pool in a single transaction. The scammer removed 45.37 WETH, which is equivalent to approximately 75,887 USD at current market rates.

Deployer Address:

https://etherscan.io/address/0x93Ec3124…99db6f

Scammer Address:

https://etherscan.io/address/0xE990d297…76AB0d

Liquidity Removal Transaction:

https://etherscan.io/tx/0x969d2e42…592886

Case & protocol details

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

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