What happened
Quick Summary
NEVER token on the BSC chain was rug-pulled by the team with a loss of about 240K USD.
Details of the Exploit
The NEVER token was exit scammed via an insider job. The smart contract backdoor allowed the scammer to sell a significant amount of tokens without having it on his balance. EOA which performed an exit scam via token dumping on the DEX (Pancake Swap) earned 428 BNB or approx 240K USD.
Block Data Reference
Scammer:
https://bscscan.com/address/0xd7c358b8…908b84
Sell tx:
https://bscscan.com/tx/0x90254b3b…5e77e4
Case & protocol details
Classification
Token
Protocol Type
Exit Scam/Rugpull
Affected asset / contract
NEVER
Official Website
neverdie.com/
Protocol Twitter/X
@malounever
Evidence & learning
Sources and on-chain records
- report Report x.com
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