Midgets Token Hack

TOTAL LOST $41K
Low Rugpull

What happened

Quick Summary

Midgets ($MIDGETS) project was rugpulled by its deployer, losing 40,842 $USD.

Details of the Exploit

The $MIDGETS token, trading on the Ethereum blockchain, experienced a liquidity removal from its token contract by its deployer. The deployer exploited a privileged function to remove 24.52 $ETH, which was valued at approximately 40,842 $USD at the time. The stolen funds were then transferred to another EOA before eventually being sent to Binance Exchange.

Block Data Reference

Scammer Address:

https://etherscan.io/address/0x82954D4C…4DA54b

Liquidity Removal Transaction:

https://etherscan.io/tx/0x09992564…683cbb

Funds Moving Transactions:

https://etherscan.io/tx/0x276d1df9…438739

https://etherscan.io/tx/0x44c5389f…95f91f

Case & protocol details

Classification Token
Protocol Type Exit Scam/Rugpull
Affected asset / contract MIDGETS

Evidence & learning

Sources and on-chain records

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