GigaDAO Hack

TOTAL LOST $108K
Low Rugpull

What happened

GIGS token was rugpulled by deployer, removing liquidity worth 240,270 USD from PancakeSwap pool, causing a total loss of 107,819 USD.

GIGS is a BEP20 token trading on PancakeSwap. On Nov 23, 2023, the deployer removed liquidity from the LP pool in an exit scam. The attacker added 456.12 WBNB as liquidity to the pool and then removed it, equating to a loss of 107,819 USD.

The stolen funds were transferred to another EOA address and subsequently distributed among multiple addresses.

Deployer Address:

https://bscscan.com/address/0x1C1208b4…BfAFF6

Liquidity Adding Transaction:

https://bscscan.com/tx/0xc50665cb…a7a992

Liquidity Removal Transaction:

https://bscscan.com/tx/0x87398f1e…9d7223

Case & protocol details

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

Evidence & learning

Sources and on-chain records

Practice this exploit pattern safely

Work through hands-on labs covering real exploit mechanics, review techniques, and defensive patterns.