Incident Overview
Mother token project was rugpulled by the deployer, who profited for 733,883 $USD.
Mother is a BEP20 token trading on PancakeSwap. The project experienced an exit scam where the deployer was able to mint 2,000,000,000,000 $MOTHER tokens and drain the pool in multiple transactions. Drained funds were transferred to another EOA address. The total profit from this scam reached 733,883 $USD.
The token was deployed using a smart contract that allowed the creation of scam tokens easily.
Scammer Address:
https://bscscan.com/address/0x6f0fc555…4f74bd
Funds Holder Address:
https://bscscan.com/address/0xf5a19d8d…b7b2ae
Mint Transaction:
https://bscscan.com/tx/0x23ad2c25…888e49
Draining Transaction Example:
https://bscscan.com/tx/0xeeCfF022…19d841
Liquidity Removal Transaction:
https://bscscan.com/tx/0x85aff054…9b8ff4
Incident Report
Protocol Information
What the Attacker Needed to Succeed
Understanding the prerequisites for this type of attack helps auditors identify protocols that are most at risk and helps developers build better defenses.
What Auditors Should Check
If you're auditing a protocol with similar architecture to Mother, these are the critical security checks that could have prevented this incident (May 2023).
- Verify all logic paths related to Rugpull are guarded by proper access controls and input validation
- Review privileged functions (owner, admin, governance) for potential abuse vectors - centralization risks should be documented and bounded with timelocks or multi-sigs
Master these auditing techniques with hands-on labs and real exploit scenarios in the Smart Contract Hacking course.
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