What happened
Quick Summary
Meme token $POPE conducted a rug pull on May 26th, resulting in the theft of approximately $100,000 (~54 ETH) from holders.
Details of the Exploit
The team behind $POPE swapped 10,000,000,000,000,000,000 tokens for 54.4 Ether and proceeded to sell the ETH, leaving investors with no value. They then distributed the obtained funds to various wallets in an attempt to obfuscate their tracks and avoid accountability.
Block Data Reference
Tx:
https://etherscan.io/tx/0xe5c2dac1…879744
Address:
https://etherscan.io/address/0xc74d2fe1…fc539c
Case & protocol details
Classification
Token
Protocol Type
Exit Scam/Rugpull
Affected asset / contract
POPE
Official Website
www.poodltoken.com/
Protocol Twitter/X
@POODLETOKEN
Evidence & learning
Sources and on-chain records
- report Report twitter.com
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