Giant Divine Shield Hack

TOTAL LOST $141K
Low Rugpull

What happened

Giant Divine Shield token price dropped by more than 97%. The initial token distributor sent 1,000,000,000 $GIDS to EOA address, which dumped the token price.

Giant Divine Shield is a BEP20 token that trades on PancakeSwap. The token distributor address sent 1,000,000,000 $GIDS to another EOA address on the 15th of September. The address started selling aggressively and drained liquidity from the GIDS/WBNB pair.

The attacker used several addresses to distribute $GIDS and drain liquidity as well. The total profit of the attacker reached 140,869 $USD which was transferred to another EOA address.

Attacker address:

https://bscscan.com/address/0xde01a520…80fced

Distributor address:

https://bscscan.com/address/0x9111f320…888888

Team-related transactions:

https://bscscan.com/tx/0x5c071e9e…a39c2a

https://bscscan.com/tx/0xfc2f6014…4454c5

Involved EOA addresses:

https://bscscan.com/address/0x8c106fff…f148d0

https://bscscan.com/address/0xf8163107…a8c7e8

https://bscscan.com/address/0x49245ce7…33d4f6

https://bscscan.com/address/0x8df7df0b…f6cbcc

https://bscscan.com/address/0x710b220c…2935d2

Address the total profit transferred to:

https://bscscan.com/address/0xb8fd0558…f5d42e

Case & protocol details

Classification Gaming / Metaverse / Gaming / Metaverse / Gaming / Metaverse / Gaming / Metaverse / Gaming / Metaverse / Gaming / Metaverse / Gaming / Metaverse / Gaming / Metaverse / Gaming / Metaverse / Gaming / Metaverse / Gaming / Metaverse / Gaming / Metaverse / Gam
Protocol Type Exit Scam/Rugpull
Affected asset / contract GIDS

Evidence & learning

Sources and on-chain records

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