Luna Yield Rug Pull

Reported loss $6.7M
Solana
Rugpull

What happened

Quick Summary

During the Luna Yield IDO event on SolPAD platform, funds were stolen from Luna Yield's address with a loss amounting to around $6.7M in different tokens including SOL, ETH, USDT, and YFI.

Details of the Exploit

After the fundraising event for Luna Yield on SolPAD, the Luna Yield's website was taken down. The funds were stored at an address and were stolen. The stolen Wrapped Ether was distributed between different wallets.

Solpad Finance has announced that they have refunded 60% of the stolen funds to the investors.

Block Data Reference

Luna Yield's address:

Address EiySft…Xap7

Distribution of the stolen Wrapped Ether:

Address EiySft…Xap7

Protocol details

Classification Yield Aggregator
Protocol Type Exit Scam/Rugpull
Affected asset / contract LUNY
Protocol links Website @Luna_Yield

Funds Recovery

60.0%

Recovered

$4.0M

Net Loss

$2,683,934

Evidence

Same attack technique

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