DMC Token Hack

At the inception of the project 520m DMC tokens were minted. The scammer received 100m DMC by the contract deployer. The scammer waited 25 days for the project to accrual value before he started dumping the DMC tokens and extracting nearly 500k $BUSD in ill-gotten gains in the process.

The 520m DMC tokens were minted to the deployer's address, which were sent to an intermediary address. Part of the tokens were sent to scammer addresses for creating a pair on PancakeSwap. When the price reached a certain value, the address (B) that had a huge amount of tokens sent 390m DMC to the address (C) that started dumping the price.

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

Token minting to contract deployer: https://bscscan.com/tx/0x2ee4aabe…5c1de5

Transferring total supply to address (B): https://bscscan.com/tx/0x73dcbb2c…f653d2

Transferring 390m DMC tokens to (C): https://bscscan.com/tx/0xc585157b…a47a3c

Transferring 100m tokens to address (D): https://bscscan.com/address/0x3f9a3e5e…5bf772

Example transactions of scammer dumping tokens on Pancake Swap.

1 https://bscscan.com/tx/0x7abcebdb…ff1712

2. Tx
3. Tx

Scammer addresses:

1. Address
2. Address
3. Address

Involved addresses:

https://bscscan.com/address/0x3f9a3e5e…5bf772

https://bscscan.com/address/0xb72d20ea…d82ad8

Scammer smart-contracts:

https://bscscan.com/address/0xde8e87b2…7e7c0e

https://bscscan.com/address/0xeb58734f…49c770