Magix Rug Pull

Reported loss $188K
Ethereum
Rugpull

What happened

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

Source

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

Tx 0xfedb…ac47

264.5 ETH was deposited to the Tornado Cash mixer at:

Address 0xd016…a25e

Address 0x0a77…b88e

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

Tx 0x21ff…1b98

The liquidity was removed by the contract deployer few times:

Tx 0x3375…048b

Tx 0xba6e…01f0

Tx 0xd038…f784

Tx 0x8a1c…2e37

Protocol details

Classification Other
Protocol Type Exit Scam/Rugpull
Affected asset / contract MAGX
Protocol links Website @magixprotocol

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