PAPABEAR Hack

TOTAL LOST $121K
Low Rugpull

What happened

Quick Summary

PAPA token rugpull by deployer, removing liquidity worth 235,249 USD from PancakeSwap pool, causing a total loss of 120,648 USD.

Details of the Exploit

PAPA, a BEP20 token trading on PancakeSwap, faced an exit scam when the deployer removed liquidity from the LP pool on Nov 23, 2023. The stolen funds, worth 120,648 USD or 510.4 WBNB, were transferred to another EOA address and then distributed among multiple addresses.

Block Data Reference

Deployer Address:

https://bscscan.com/address/0x1B567913…A748c4

Liquidity Adding Transaction:

https://bscscan.com/tx/0xd61ab6ca…930770

Liquidity Removal Transaction:

https://bscscan.com/tx/0x741e51f9…1301d6

Case & protocol details

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

Evidence & learning

Sources and on-chain records

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