LGT Hack

TOTAL LOST $35K
Low Rugpull

What happened

Quick Summary

LGT project was rugpulled for 35,320 $USD. An EOA address drained liquidity from the pool using $LGT tokens received from the initial token holder.

Details of the Exploit

LGT is a BEP20 token trading on PancakeSwap. The initial token holder sent 500,000,000 $LGT tokens to an EOA address, which drained liquidity from the Pancake pool for 35,320 $USD. The funds were transferred to another EOA address after an incident.

Block Data Reference

Scammer address:

https://bscscan.com/address/0xe36f1501…be2ef9

Token holder:

https://bscscan.com/address/0xf975b22d…eede0d

Transfer token transaction:

https://bscscan.com/tx/0x63bb6386…2cf3d5

Liquidity drain transactions:

https://bscscan.com/token/0x55d39832…197955?a=0xe36f1501…be2ef9

Case & protocol details

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

Evidence & learning

Sources and on-chain records

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