What happened
Quick Summary
The GOAT token was rugged with a profit of about 250k $USD by dumping the token.
Details of the Exploit
The significant amount of GOAT was preminted by the team and distributed between a few addresses. May-09-2022 these tokens were sold at the uniswap dex in multiple transactions which lead to the LP draining.
Block Data Reference
Mint tx:
https://etherscan.io/tx/0x5072b537…898bb7
Example of sell tx:
https://etherscan.io/tx/0x0b4821ed…b7c18b
Scammer:
https://etherscan.io/address/0x8756234a…fc14f2
Second address of the scammer:
https://etherscan.io/address/0x5a6d2e01…3c0e24
Case & protocol details
Classification
Token
Protocol Type
Exit Scam/Rugpull
Affected asset / contract
G.O.A.T
Official Website
www.goat-erc20.com/
Protocol Twitter/X
@GOAT_ERC20
Evidence & learning
Sources and on-chain records
- report Report twitter.com
- analysis Web Archive archive.ph
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