OkayLetsGo Rug Pull

Reported loss $94K
Rugpull

What happened

Quick Summary

OkayLetsGo token project was rugpulled by the deployer, who drained the UniSwap pool and removed liquidity. The total loss is 94,230 $USD.

Details of the Exploit

OkayLetsGo is an ERC20 token trading on UniSwap. The OKLG token experienced a significant liquidity removal. Investigation revealed that the token deployer sold a significant amount of tokens in exchange for 50 $ETH to drain the UniSwap pool.

Afterward, two transactions were made from their contract address to remove all remaining liquidity worth 4 $ETH in total. All stolen funds were transferred to another EOA after an incident.

Block Data Reference

Scammer Address:

Address 0xBBb0…8375

Funds Holder Address:

Address 0x47C7…1b6F

Draining Transaction:

Tx 0x57ce…3993

Liquidity Removal Transactions:

Tx 0xfb1b…c3b5

Tx 0xd1ef…08a5

Protocol details

Classification Token
Protocol Type Exit Scam/Rugpull
Affected asset / contract OKLG

Evidence

Same attack technique

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