DMC Token Rug Pull

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: Tx 0x2ee4…1de5

Transferring total supply to address (B): Tx 0x73dc…53d2

Transferring 390m DMC tokens to (C): Tx 0xc585…7a3c

Transferring 100m tokens to address (D): Address 0x3f9a…f772

Example transactions of scammer dumping tokens on Pancake Swap.

1 Tx 0x7abc…1712

2. Tx 0x3bc3…1954
3. Tx 0x4cf3…5c36

Scammer addresses:

1. Address 0x094f…23e2
2. Address 0xbdb6…081e
3. Address 0x7fa8…50ec

Involved addresses:

Address 0x3f9a…f772

Address 0xb72d…2ad8

Scammer smart-contracts:

Address 0xde8e…7c0e

Address 0xeb58…c770