Pervasive Information Community Organization Rug Pull

Reported loss $112K
Rugpull

What happened

On the 7th of April PICO on the BSC chain was rugged for approx 112k  USD.

The PICO 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.

Scammer:

Address 0xe29a…9ec7

Liquidity removal:

Tx 0x9650…0a8e

Tx 0x9650…0a8e

Protocol details

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

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