What happened
Quick Summary
Mango Inu project was exit scammed which caused slippage of more than 80%. The scammer profited 40,388 $USD.
Details of the Exploit
Mango Inu is ERC20 token trading on UniSwap. $MNGO token dropped by more than 80% after rugpull. The token deployer drained liquidity for 40,388 $DAI.
There are multiple pools of the token which has more than 1 million $USD in liquidity.
Block Data Reference
Scammer address:
https://etherscan.io/address/0xadbab4f3…081fb9
Liquidity drain transaction:
https://etherscan.io/tx/0xf7129622…5f5384
Case & protocol details
Classification
Token
Protocol Type
Exit Scam/Rugpull
Affected asset / contract
MNGO
Evidence & learning
Sources and on-chain records
- report Report twitter.com
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