Patex Hack

TOTAL LOST $122K
Low Rugpull

What happened

The PATEX token recently experienced a rug pull incident, leading to a significant loss of approximately $121,664.74 USD in 499 BNB (WBNB) tokens.

The project team behind the PATEX token executed a rug pull by performing liquidity removal from the Pancake V2 pool. As a result, they successfully withdrew and transferred a total of 499 BNB (WBNB), equivalent to $121,664.74 USD, distributing the ill-gotten funds across four different wallets.

This sudden liquidity removal and token transfer event caught the community off guard, causing substantial financial losses to investors and holders of PATEX token.

Contract Creator:

https://bscscan.com/address/0x2c6275ae…d5852f

Liquidity Removal tx:

https://bscscan.com/tx/0x42a22f6b…14bfb2

Case & protocol details

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

Evidence & learning

Sources and on-chain records

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