L7 DEX Hack

TOTAL LOST $161K
Low Rugpull

What happened

LSD7 token project experienced an exit scam rugpull, with the scammer depleting the liquidity pool and causing a loss of 160,866 USD worth 761.63 WBNB.

LSD7 is a BEP20 token trading on PancakeSwap. The deployer renounced ownership after creating the token, possibly to facilitate a later hack. The scammer (0x2FbE92...46454f14) minted a significantly larger number of tokens and then rug pulled by selling 1,000,000,000,000,000 $LSD7, completely depleting the liquidity pool.

The stolen funds were transferred to another EOA and then distributed between multiple addresses.

Deployer Address:

https://bscscan.com/address/0x03d08326…438fD1

Scammer Addresses:

https://bscscan.com/address/0x2FbE92F9…454f14

https://bscscan.com/address/0xFcCe0c3B…8FD2d4

https://bscscan.com/address/0x17F06EC1…a47831

Draining Transaction:

https://bscscan.com/tx/0x3f1fb13b…bd68de

Case & protocol details

Classification Token
Protocol Type Exit Scam/Rugpull
Affected asset / contract LSD7

Evidence & learning

Sources and on-chain records

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