L7 DEX Rug Pull

Reported loss $161K
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:

Address 0x03d0…8fD1

Scammer Addresses:

Address 0x2FbE…4f14

Address 0xFcCe…D2d4

Address 0x17F0…7831

Draining Transaction:

Tx 0x3f1f…68de

Protocol details

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

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