DMCToken Hack

TOTAL LOST $190K
Low Rugpull

What happened

Quick Summary

DMC Token was rugpulled by the token deployer and other liquidity providers. The scammers profited 189,876 $USD in total

Details of the Exploit

DMC is a copycat BEP20 token trading on PancakeSwap, and can't be confused with other tokens with the same symbol. The token deployer removed liquidity and moved $DMC tokens to other EOA addresses which drained the liquidity and dropped the token price by more than 83%. The total profit of the scammer reached 189,876 $USD.

Block Data Reference

Scammer addresses:

https://bscscan.com/address/0x094f8627…2923e2

https://bscscan.com/address/0x76a52f67…60e55f

https://bscscan.com/address/0x65575b6e…cf3059

https://bscscan.com/address/0x4d7c0141…c1ee73

Liquidity removal transactions:

https://bscscan.com/tx/0xa148f7e8…e6cb7d

https://bscscan.com/tx/0x4ad1d5ee…039cee

https://bscscan.com/tx/0x82f17286…8507b9

Case & protocol details

Classification Token
Protocol Type Exit Scam/Rugpull
Affected asset / contract DMC
Official Website www.mctoken.xyz/
Protocol Twitter/X @TokeCommunity

Evidence & learning

Sources and on-chain records

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