Fake DAI Token Hack

A fake DAI token scam on Binance Smart Chain led to a loss of 9,815 USD worth 46.45 BNB due to a gas token draining issue.

The scammer deployed a Fake DAI token with malicious code in the Approval function, deceiving users into believing that the transaction fee to revoke was high on Fake DAI token Revoke Transactions. Minted CHI tokens were sent through several addresses and eventually swapped for BNB. The total loss amounted to 9,815 USD worth 46.45 BNB.

Scammer Address:

https://bscscan.com/address/0x8639b763…ba87a4

Funds Holder as of Oct 19, 2023:

https://bscscan.com/address/0x2D8451d1…f435AA

Malicious Transaction:

https://bscscan.com/tx/0x7d3e1aba…ef63ad

Malicious Contract Address:

https://bscscan.com/address/0x1af32e84…b368c3