FIO Protocol Hack

TOTAL LOST $59K
Low Rugpull

What happened

The $FIO token has been rug pulled by its team. The team made away with  $57k in profits.

The token deployer added the liquidity pair USDT/FIO in this transaction: https://polygonscan.com/tx/0xc97c548b…d4ddd1

Then the token deployer removed liquidity taking profit ~$60k: https://polygonscan.com/tx/0x4493eb21…bb0a5e

Involved addresses:

- Scammer address, token deployer: https://polygonscan.com/address/0x7bf7d0cf…583ebc

Case & protocol details

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

Evidence & learning

Sources and on-chain records

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