What happened
Quick Summary
On the 16th of April CROWN on the BSC chain was rugged for approx 50k USD.
Details of the Exploit
The team responsible for managing liquidity in the CROWN protocol executed a liquidity removal scam, causing the project to suffer significant losses. The contract deployer removed a significant amount of liquidity pool (LP) and sold off the token, leading to a sharp drop of around 90% in its initial price.
Block Data Reference
Scammer:
https://bscscan.com/address/0xdcf1c636…3a4320
Liquidity removal:
https://bscscan.com/tx/0xdd6108d3…f809c7
Case & protocol details
Classification
Token
Protocol Type
Exit Scam/Rugpull
Affected asset / contract
CROWN
Official Website
crowntoken.io/
Protocol Twitter/X
@CROWNtokenclub
Evidence & learning
Sources and on-chain records
- report Report twitter.com
Practice this exploit pattern safely
Work through hands-on labs covering real exploit mechanics, review techniques, and defensive patterns.