PopcornSwap Rug Pull

Reported loss $2.2M
BNB Chain
Rugpull

What happened

The address behind the exit scam:

Address 0xFd60…3c55

This address, marked as Phishing, got an unlimited allowance for transferring users' LP tokens from the Master Chef contract. The phishing address has withdrawn LP tokens onto his wallet by calling transferFrom() function into the Master Chef contract at:

Tx 0xe214…cfb3

Tx 0x4bdb…cbb5

Tx 0xe7f5…5803

Tx 0x4f76…b465

Tx 0xaa27…5394

The liquidity was removed multiple times by the Phishing address at:

Tx 0xa459…634f

Tx 0x6659…b7e1

Tx 0x6c09…2a87

Tx 0x9c21…df74

Tx 0x24f8…6ddd

Stolen funds are still holding on to the Phishing address.

Technical root cause

Unlimited allowance

Protocol details

Classification Exchange (DEX)
Protocol Type Exit Scam/Rugpull
Affected asset / contract POPCORN
Protocol links Website @SwapPopcorn

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