LK-99 Protocol Hack

TOTAL LOST $152K
Low Rugpull

What happened

Quick Summary

LK-99 Protocol token project was rugpulled by the deployer, removing liquidity worth 151,735 $USD from UniSwap pool.

Details of the Exploit

LK-99 Protocol is an ERC20 token trading on UniSwap. On August 3, the deployer executed a rugpull by removing liquidity from the LP pool in four separate transactions, totaling 82.78 $ETH. The stolen funds were transferred to another EOA address, and part of the funds were then transferred to other addresses and contracts.

The total funds lost in this exit scam is 151,735 $USD.

Block Data Reference

Deployer Address:

https://etherscan.io/address/0xb9581385…51556C

Funds Holder as of August 8, 2023:

https://etherscan.io/address/0x72070ebe…f30238

Liquidity Removal Transactions:

https://etherscan.io/tx/0xd6d4f120…85b227

https://etherscan.io/tx/0x459296d4…f1c154

https://etherscan.io/tx/0x740eb990…547f00

https://etherscan.io/tx/0xda718746…ac55f4

Case & protocol details

Classification Token
Protocol Type Exit Scam/Rugpull
Affected asset / contract LK99

Evidence & learning

Sources and on-chain records

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