MIKE and SID Tokens Hack

MIKE and SID tokens suffered from a rugpull, performed by the same EOA, causing a loss of 169,652 $USD.

Two ERC20 tokens, MIKE and SID, experienced a rugpull from an EOA address connected with both token deployers. The perpetrator utilized a backdoor function to mint and swap a large amount of tokens. The MIKE/WETH pool was drained for 50.44 $ETH, worth around 98,095 $USD, and the SID/WETH pool was drained for 37.38 $ETH, worth approximately 71,557 $USD at the time of the incident.

All the stolen funds were transferred to two EOA addresses.

Scammer Address:

https://etherscan.io/address/0xF7E0d995…28F79D

Liquidity Drain Transactions:

https://etherscan.io/tx/0xc70c66d1…977e63

https://etherscan.io/tx/0x4047eb8b…aabb30

Funds Transfer Transactions:

https://etherscan.io/tx/0xbdd481c5…7593ae

https://etherscan.io/tx/0x3889e410…329c1e