GST Token Hack

TOTAL LOST $131K
Low Rugpull

What happened

The token creator of the GST token rugpulled the project and made off with a profit of 507 $BNB.

Assumedly in an attempt to make the project look legit the token creator send 222m $GST token to the FTX exchange in time of deploying token:

https://www.bscscan.com/tx/0x4ec84522…7a699c

The token creator proceeded to establish a liquidity pool on PancakeSwap, bootstrapped with 100 $BNB and 666m $GST token:

https://www.bscscan.com/tx/0x557d4b88…6db6d8

After an acceptable price appreciation the token creator dumped the $GST token against $WBNB through various self-destructible smart contracts;

  1. Tx
  2. Tx
  3. Tx

The token creator received 607 $BNB in total from these transactions. The funds have since been funneled through a plethora of wallets seemingly to finance new scam projects.

Token creator wallet address:

https://bscscan.com/address/0x1155d95a…c9fee1

Subset of associated wallet address:

https://bscscan.com/address/0xe9b887d3…31fffe

https://bscscan.com/address/0x3df944e5…2de4f3

https://bscscan.com/address/0x2d9bb248…a3312a

https://bscscan.com/address/0x48cdad96…b2fb65

Case & protocol details

Classification Token
Protocol Type Chain
Affected asset / contract GST
Official Website fasttoken.com/
Protocol Twitter/X @fasttoken_com

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