DecentraWorld Hack

TOTAL LOST $1.0M
Medium Rugpull

What happened

The DecentraWorld project was successfully rugpulled by its project team. At that time, projet's $DEWO token showed a positive development trend until the team drained out all the treasures from the project, stealing more than $1m.

The DecentraWorld token $DEWO was created in this transaction (https://bscscan.com/tx/0xb8ff69cf…36faf7), where 100m tokens were minted to the address of the creator. The deployer's address accumulated transactions fees and tax from each transaction, as well as part of the tokens remained at the same address after minting, and when the price became attractive enough, the DecentraWorld project team sold tokens for $WBNB through the PancakeSwap (https://bscscan.com/tx/0x94018528…816f66).

As the time of this writing information on this case is scarce. More sources will be added if the case should develop.

Contract creator, scammer address: https://bscscan.com/address/0x5055e1d9…a68833

Swapping transaction: https://bscscan.com/tx/0x94018528…816f66

Case & protocol details

Classification Gaming / Metaverse / Gaming / Metaverse / Gaming / Metaverse / Gaming / Metaverse / Gaming / Metaverse / Gaming / Metaverse / Gaming / Metaverse / Gaming / Metaverse / Gaming / Metaverse / Gaming / Metaverse / Gaming / Metaverse / Gaming / Metaverse / Gam
Protocol Type Exit Scam/Rugpull
Affected asset / contract DEWO
Official Website www.decentrawood.com/
Protocol Twitter/X @decentrawood

Evidence & learning

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