Magix Hack

TOTAL LOST $188K
Low Rugpull ethereum

What happened

The project was holding a fundraising event using MagixPresale smart contract, which received 332.9 ETH. List of received transactions:

https://bloxy.info/txs/transfers_to/0x0f60125c…336278?currency_id=1

106.5 ETH was added to the initial liquidity by the proxy contract:

https://etherscan.io/tx/0xfedb5f90…b4ac47

264.5 ETH was deposited to the Tornado Cash mixer at:

https://etherscan.io/address/0xd01674a8…c8a25e

https://etherscan.io/address/0x0a77eb9b…83b88e

The contract deployer received LP tokens from the proxy contract, which added the initial liquidity earlier:

https://etherscan.io/tx/0x21ff6db5…5f1b98

The liquidity was removed by the contract deployer few times:

https://etherscan.io/tx/0x33751572…11048b

https://etherscan.io/tx/0xba6e28ac…4701f0

https://etherscan.io/tx/0xd038ac5b…d0f784

https://etherscan.io/tx/0x8a1c9f13…df2e37

Case & protocol details

Classification Other
Protocol Type Exit Scam/Rugpull
Affected asset / contract MAGX
Official Website magix.finance/
Protocol Twitter/X @magixprotocol

Evidence & learning

Sources and on-chain records

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