Incident Overview
OBB token was rugpulled by the deployer for 156,063 $USD.
OBB is a BEP20 token trading on PancakeSwap. The token price dropped by more than 98% after an incident.The token was rugpulled by the token-deployer. The scammer removed liquidity directly from the OBB/USDT pool which is worth 156,063 $USD.
The funds were transferred to another EOA address, which swapped them for other tokens.
Scammer address:
https://bscscan.com/address/0xb54f89f5…e9a3fb
Liquidity removal transaction:
https://bscscan.com/tx/0x8375829b…70d5d0
Incident Report
Protocol Information
Market Context at Time of Hack
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 OBB Token, these are the critical security checks that could have prevented this incident (February 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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