What happened
Quick Summary
The HIGH RETURN (HRN) token on Binance Smart Chain was hit by a rugpull, resulting in a loss of 31k $USD.
Details of the Exploit
The contract deployer removed a significant amount of liquidity pool (LP) and sold off the token, leading to a sharp drop of around 90% in its initial price. 130 BNB were removed which is equal to $31,520 at the day of the event.
Block Data Reference
Scammer Address:
https://bscscan.com/address/0x7f680c02…0862d8
Liquidity Removal Transaction:
https://bscscan.com/tx/0x6ba2ca91…2a6421
Case & protocol details
Classification
Token
Protocol Type
Exit Scam/Rugpull
Affected asset / contract
HRN
Evidence & learning
Sources and on-chain records
- report Report twitter.com
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