What happened
Quick Summary
ETE Token on the BSC chain was rugged for approx 100USD.
Details of the Exploit
The team responsible for managing liquidity in the ETE Token executed a liquidity removal scam, causing the project to suffer significant losses. The project team member removed a significant amount of liquidity pool (LP) and sold off the token, leading to a sharp drop of around 90% in its initial price.
Block Data Reference
Scammer:
Liquidity removal:
Protocol details
Classification
Token
Protocol Type
Exit Scam/Rugpull
Affected asset / contract
ETE
Evidence
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