IPO Rug Pull

Reported loss $585K
Rugpull

What happened

IPO project was rugpulled through custom pools by scammers who drained assets worth 585,153 $USD in two transactions

IPO is a BEP20 token trading on custom liquidity pools on Binance Smart Chain. The deployer created these pools with unverified source code, which allowed certain addresses to use privileged functions and drain the pool. On June 20, 2023, the pool was drained for 102,164 $USDT, part of a total loss amounting to 585,153 $USD.

Deployer Address:

Address 0x32e4…d079

Scammer Addresses:

Address 0x7861…7682

Address 0x35fe…fc7b

Funds Holder Address:

Address 0xc18f…ef27

Malicious Contract:

Address 0x4b50…a20c

Draining Transactions:

Tx 0x6f67…5264

Tx 0xadfb…d161

Protocol details

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

Build your security review skills

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