MEMEPAD Hack

TOTAL LOST $80K
Low Rugpull

What happened

Quick Summary

MEMEPAD fake token was rugpulled by selling 4,854,740,126,240,000 tokens, depleting the liquidity pool and causing a loss of 80,372 USD.

Details of the Exploit

MEMEPAD is an ERC20 token trading on UniSwap. On Oct 30, 2023, the scammer minted a significantly larger number of tokens and then rug pulled by selling 4,854,740,126,240,000 MEMEPAD, completely depleting the liquidity pool. The stolen funds are still held in the scammer's address as 44.83 WETH, which is worth approximately 80,372 USD.

Block Data Reference

Deployer Address:

https://etherscan.io/address/0x0E629446…42614b

Scammer Address:

https://etherscan.io/address/0xBd72D445…2B5871

Liquidity Removal Transaction:

https://etherscan.io/tx/0xc57aed7c…a866bb

Funds Holder as of Oct 30:

https://etherscan.io/address/0xBd72D445…2B5871

Case & protocol details

Classification Token
Protocol Type Exit Scam/Rugpull
Affected asset / contract MEMEPAD
Official Website memepad.co/
Protocol Twitter/X @MemePadlaunch

Evidence & learning

Sources and on-chain records

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