What happened
Quick Summary
Empower AI on the Ethereum chain was rug-pulled by the team with a loss of about 240K USD.
Details of the Exploit
The Empower AI token was exit scammed via an insider job. The malicious unverified contract allowed the scammer to sell a significant amount of tokens without having it on his balance. EOA which performed an exit scam via token dumping on the DEX (Uniswap) earned 66 ETH or approx 230K USD.
Block Data Reference
Scammer:
https://bscscan.com/address/0x484fd20d…6c1f6b
Unverified contract:
https://etherscan.io/address/0xe4808c6b…fbf3ba
Sell tx:
https://etherscan.io/tx/0xfdbcd2c9…cd033a
Case & protocol details
Classification
Token
Protocol Type
Exit Scam/Rugpull
Affected asset / contract
EMPAI
Official Website
mpwr.clubrare.xyz/
Protocol Twitter/X
@clubrare_nft
Evidence & learning
Sources and on-chain records
- report Report twitter.com
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