What happened
Quick Summary
On the 7th of April PCORE on the BSC chain was rugged for ~$40,5 USD.
Details of the Exploit
The PCORE protocol fell victim to a liquidity removal scam by the team responsible for managing liquidity. The contract deployer removed a significant amount of LP and dumped the token, causing it to fall by about 90% from its initial price.
Block Data Reference
Deployer:
https://bscscan.com/address/0xe42e5670…b2ac71
Liquidity removal:
https://bscscan.com/tx/0xcabd9ccd…2d7ad7
Case & protocol details
Classification
Token
Protocol Type
Exit Scam/Rugpull
Affected asset / contract
PCORE
Evidence & learning
Sources and on-chain records
- report Report twitter.com
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