What happened
Quick Summary
Cool Cats (COOL20) project was rugpulled by deployer, removing liquidity worth 20,961 USD from UniSwap pool.
Details of the Exploit
COOL20 is an ERC20 token trading on UniSwap. On Sep 14, 2021, the deployer performed an exit scam by removing the entire liquidity from the UniSwap pool in a single transaction. The deployer removed 6.13 WETH, equivalent to approximately 20,961 USD, from the pool, leaving token holders with no liquidity to trade.
Block Data Reference
Deployer Address:
https://etherscan.io/address/0xF51D05c6…7621Ed
Liquidity Removal Transaction:
https://etherscan.io/tx/0x4cc63498…bf074d
Case & protocol details
Classification
Token
Protocol Type
Exit Scam/Rugpull
Affected asset / contract
COOL20
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