Elongate Deluxe Hack

TOTAL LOST $230K
Low Rugpull

What happened

Quick Summary

ELongD token was exit scammed with deployer removing liquidity worth 230,455 USD from UniSwap pool in multiple transactions.

Details of the Exploit

ELongD is an ERC20 token trading on UniSwap. On Aug 8, 2021, the scammer removed liquidity from the UniSwap pool in five transactions after receiving LP tokens from the UNCX Network LP Locker Contract, where the tokens were deposited by the token deployer. The total funds lost in this exit scam amount to 230,455 USD, equivalent to 86.41 WETH.

Block Data Reference

Deployer Address:

https://etherscan.io/address/0x28eD88c5…BC4DbC

Scammer Address:

https://etherscan.io/address/0xE8478d32…27B348

UNCX Network LP Locker Contract:

https://etherscan.io/address/0x663a5c22…9db214

Liquidity Removal Transactions:

  1. Tx
  2. Tx
  3. Tx
  4. Tx
  5. Tx

Case & protocol details

Classification Token
Protocol Type Exit Scam/Rugpull
Affected asset / contract ELongD
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