Loop X Network Rug Pull

The $LOOP token has been rugpulled by the token creator for a profit of roughly $33k.

The creator of the token, deployed the contract in the BSC network, created a LOOP/BNB pair, where 100 $BNB were invested;

Tx 0x9ab5…2378

Immediately after the pair was created, the token creator sent $LOOP to other addresses that interacted with the pair by trading $LOOP on PancakeSwap. Example transfer transactions:

1. Tx 0xb78c…ecf3
2. Tx 0x4502…8daf
3. Tx 0x4bee…1afc

The addresses that received the tokens, after they made a profit from the exchanges, sent the tokens to the scammer address (B):

1. Tx 0x1664…cb91
2. Tx 0x4a88…ffd0
3. Tx 0xb363…cd18
4. Tx 0x2286…de5e

As the time of this writing information on this case is scarce. More sources will be added if the case should develop.

Involved addresses:

Token creator, scammer address(A): Address 0x26c7…32ed

Scammer address (B): Address 0x26c7…32ed

Transactions:

Withdrawing transaction through the BSC: Token Hub: Tx 0x2286…de5e

Cross chain package link: Tx 52491A…CDEE