GST Token Rug Pull

Reported loss $131K
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:

Tx 0x4ec8…699c

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

Tx 0x557d…b6d8

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

  1. Tx 0x57c0…b557
  2. Tx 0xb437…977b
  3. Tx 0x962b…287e

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:

Address 0x1155…fee1

Subset of associated wallet address:

Address 0xe9b8…fffe

Address 0x3df9…e4f3

Address 0x2d9b…312a

Address 0x48cd…fb65

Protocol details

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

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