NeedForSpeed Finance Hack

TOTAL LOST $82K
Low Rugpull ethereum

What happened

Custom ERC20 Standard with malicious logic which allows blocking token transferring.

The project was holding a fundraising event using Token Sale smart contract:

https://etherscan.io/address/0x21c76e2a…18d0b0#code

The funds gathered from the token sale were transferred to the contract deployer:

https://etherscan.io/tx/0x4f71d08f…1f8d0a

All 125 ETH was used to add the initial liquidity at:

https://etherscan.io/tx/0x1286d6c6…2fc01a

https://etherscan.io/tx/0xfbe58652…9c472e

https://etherscan.io/tx/0x2f5a1600…14ea6f

The liquidity was removed by the contract deployer:

https://etherscan.io/tx/0x8ecb6bd2…09de99

https://etherscan.io/tx/0x874091d6…d34124

https://etherscan.io/tx/0x2775cd7f…9cb262

Case & protocol details

Classification Yield Aggregator
Protocol Type Exit Scam/Rugpull
Affected asset / contract RFI-NFS
Official Website needforspeed.finance/
Protocol Twitter/X @InverseFinance

Evidence & learning

Sources and on-chain records

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