Pervasive Information Community Organization Rug Pull
Reported loss
$112K
Rugpull
What happened
Quick Summary
On the 7th of April PICO on the BSC chain was rugged for approx 112k USD.
Details of the Exploit
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.
Protocol details
Classification
Token
Protocol Type
Exit Scam/Rugpull
Affected asset / contract
PICO
Evidence
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