What happened
Quick Summary
On March 25, 2023, the team behind the EDAO token executed a rug pull, resulting in a loss of funds worth $39.3k USD.
Details of the Exploit
The EDAO token was dumped by the project team. Initial mint was dispersed between different addresses and on the 25th of March the massive sale event happened.
Block Data Reference
Swaps:
https://bscscan.com/tx/0x2a446751547b0b6d22209aec4e6944f81daab2a770c72203e789a8de3ed40https://bscscan.com/token/0x900882be…0495c9?a=0x6fb985e3…c51cda
Initial mint:
https://bscscan.com/tx/0x1ccfde17…b5cb81
Case & protocol details
Classification
Token
Protocol Type
Exit Scam/Rugpull
Affected asset / contract
EDAO
Evidence & learning
Sources and on-chain records
- report Report twitter.com
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